Nestled on a serene 2.86-acre lot at 495 Koheroa Road, Mercer, this charming 1930's cottage boasts a freehold title and presents an inviting lifestyle opportunity. The home, with its iron roof and wooden exterior walls, offers an average condition with a cozy floor area of 83 square meters. It comprises two bedrooms, one bathroom, and a separate laundry, complemented by a workshop garage with space for two cars. The property's capital value remains stable at $740,000, with no increase since the last valuation, reflecting a potential investment haven.
History shows a promising growth trajectory, with the latest sale in 2017 fetching $560,000, a significant jump from the 2012 sale of $305,000. The HouGarden AVM estimates the property's worth at $720,000. Despite the CV increase percentage standing at 0.0, the property's value has consistently appreciated over the years.
For families with school-aged children, the property falls within the zones of Pukekohe High School (Decile 6), Mangatawhiri School (Decile 7), and Tuakau College (Decile 4). This provides a range of educational options and a community where friendships flourish. Embrace the tranquility of country living while being minutes away from the conveniences of town.
Updated on August 21, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.62 km | 2 | 2 | 121m2 | Year 2024 Month 11 Day 22 | $475,000 | Council approved | |
 | 5.37 km | 4 | 2 | 200m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 3.65 km | 3 | 106m2 | Year 2024 Month 10 Day 12 | $530,000 | Council approved | ||
4.77 km | 0m2 | Year 2024 Month 09 Day 24 | $400,000 | Council approved | ||||
 | 4.29 km | 0m2 | Year 2024 Month 09 Day 09 | $700,000 | Council approved |