2 Pearce Place, Wanaka, Queenstown Lakes

Nestled on an elevated corner site at 2 Pearce Place, Wanaka, Queenstown Lakes, this Freehold property is a Black Beauty that boasts a convenient location, popular among families. Constructed in 2005 with Iron walls and roof in good condition, the residence offers 3 bedrooms, 2 carparks, and a floor area of 142 square meters on a levelled land of 711 square meters. The property has seen a significant Capital Value (CV) increase of 58.75% from $800,000 in July 2017 to $1,270,000 as of September 2021. The latest sale history includes transactions of $1,410,000 in March 2024 and $860,000 in April 2017. HouGarden AVM estimates the property's value at $1,215,000.

Wanaka Primary School, a Decile 10 Contributing school, is located just one block away, making this an ideal home for families with school-going children. The property's over-length garage with carport is perfect for boat storage, while the functional three-bedroom layout flows seamlessly onto the outdoor patio area, complemented by a new Pergola. This piece of Pearce is up for auction on the 7th of April, unless sold prior, so it's an opportunity not to be missed.

With its prime location and promising investment potential, this property is a gem in the residential market, ready to be discovered by discerning buyers.

Updated on April 11, 2024