Nestled on an 801m² freehold section at 3 Pearl Avenue, Kawhia, Otorohanga, this charming beach house boasts 2 bedrooms, 1 bathroom, and a carpark. Constructed in 1998 with iron roofing and fibrous cement walls in good condition, it offers a spacious open plan living area and a deck that capitalizes on the elevated views. The property has seen a significant increase in Capital Value (CV), rising from $450,000 in August 2019 to $700,000 as of October 2022, indicating a growth rate of 55.56%. The HouGarden AVM estimates the property's worth at $670,000, while the latest sale records from March 2024 show a transaction at $600,000, a substantial leap from the $130,000 sale in March 2000. This property is not just a home; it's an investment with a promising future.
With a prime location, just a short drive from both shops and the beach, this property invites relaxation and family fun. Whether you enjoy fishing, leisurely beach walks, or building sandcastles, this is the ideal spot for all. The property's freehold status is highly sought after, adding to its allure as a sound investment in the Kawhia area.
For families with children, the school zone is another highlight. The local schools are well-rated, ensuring access to quality education. This property not only offers a serene beachside lifestyle but also a strong foundation for educational pursuits.
Updated on April 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 4 | 2 | 143m2 | Year 2024 Month 11 Day 25 | - | Council approved | |
 | 5.75 km | 0m2 | Year 2024 Month 10 Day 18 | $240,000 | Council approved | |||
0.52 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 27 | - | Council approved | ||
0.52 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 06 | $545,000 | Council approved | ||
 | 0.47 km | -m2 | Year 2024 Month 07 Day 10 | - | Council approved |