Nestled in the serene Thorncombe Park subdivision, this brand new property, with an impressive 8 bedrooms and 3 car parks, is set on a spacious 862sqm of level land. Constructed with a mix of materials for the walls and iron for the roof, this freehold home exudes quality and modernity. The 307sqm floor area provides ample space for the open-plan living, dining, and kitchen, which features a convenient walk-in pantry. The master bedroom boasts double walk-in robes and an ensuite, while the family bathroom includes a separate toilet. The property's capital value has seen a remarkable increase of 52%, from $890,000 in 2019 to the current $1,350,000 as per the latest government valuation. The HouGarden AVM estimates the property's worth at $1,337,500, closely aligning with the government's figures. The latest sale in the area was for $430,000, indicating the property's potential. It is located in a sought-after school zone, with Te Awamutu College (Decile 5), Pekerau School (Decile 4), and Te Awamutu Intermediate (Decile 5) being the notable institutions in the area.
This home, which includes a separate three-bedroom unit, is perfect for those seeking a home and income opportunity. The deck accessible from both the master bedroom and living area offers a peaceful retreat, and the double internal access garage adds convenience. Please note that pets are not allowed on the premises.
For families with school-aged children, the property falls within a highly regarded school network. Te Awamutu College is a secondary school catering to Years 9-15, while Pekerau School and Te Awamutu Intermediate provide education for younger students. The schools' respective deciles reflect the quality of education available in the area.
Updated on November 13, 2024