Nestled in the serene Kinloch, this exquisite residential dwelling on 12 Pearce Place is a rare gem that offers the perfect blend of comfort and convenience. Constructed in 1980 with a robust fibrous cement exterior and an iron roof, this freehold property boasts 3 bedrooms, 115 square meters of floor area, and a spacious 918 square meters of land. It includes a generous 2-car park garage, ideal for boat storage, and is just a stone's throw from the lake. The property has an average wall and roof condition, sitting on a level contour, making it a quintessential Kiwi Bach experience.
With a government valuation (CV) of $1,040,000 as of July 2022, this property has shown a remarkable growth of 69.11% from its $615,000 valuation in July 2019. The HouGarden AVM estimates the property's worth at $1,015,000, while the latest sale history includes transactions at $378,000 in 2013 and $200,000 in 2001, highlighting the increasing capital value and investment potential.
For families, the property falls within the catchment area of Marotiri School, a full primary with a decile rating of 6, Wairakei School, a contributing primary with a decile rating of 5, and Taupo-nui-a-Tia College, a secondary school with a decile rating of 5, ensuring quality education options for all ages.
Updated on July 24, 2024