Fourteen years ago, someone ran the numbers on Pearl Place and liked what they saw. A Chartwell address with two dwellings on one title, both tenanted, both ticking over. That is the kind of decision that is easier to make the second time around, because the first time already proved itself.
A three-bedroom and a two-bedroom, each generating income in a suburb where demand holds steady. The numbers are the story here, and in Chartwell, they tend to hold.
For a buyer thinking about family, there is also this: the configuration lends itself to two households under one roof, with the separation to make that feel workable rather than crowded. Not every property can say that at this price point.
The Waikato River is a short walk away, there is a park next door, Chartwell Shopping Centre is a few minutes from the door, and Smith and McKenzie is there for the evenings when someone else’s kitchen sounds better than your own.
Pearl Place is a property for those who see the logic: fourteen years of tenanted returns, two income streams, and a Chartwell address with room to run. The current owner did the maths once. Now it is someone else’s turn.
Download and view the property files at www.propertyfiles.co.nz/CE23231