609/34 Lake Esplanade, Queenstown, Queenstown Lakes

Nestled at 609/34 Lake Esplanade, Queenstown, this exquisite commercial accommodation boasts a Unit Title and is set on a prime location. The property, built in 2002 with mixed materials for both the roof and exterior walls, remains in good condition. It features 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 56 square meters, making it an ideal investment opportunity.

Since 2017, the Capital Value (CV) has seen a remarkable increase of 46.15%, jumping from $390,000 to the current $570,000 as of September 2021. The HouGarden AVM estimates the property's worth at $572,500, while the latest sale records show a transaction at $609,500, indicating a steady rise in market value since the previous sale in 2013 for $279,250.

For families, the property falls within the highly sought-after school zones of Queenstown Primary School and St Joseph's School, both rated a perfect 10 on the decile scale, ensuring top-notch education for the children.

Updated on September 25, 2024