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975 Paerata Road, Paerata, Franklin, Auckland, 3 Bedrooms, 2 Bathrooms, Lifestyle Property
New

Tender26/02, Wednesday 15:00

975 Paerata Road, Paerata, Franklin, Auckland

3
2
41035m2
Lifestyle PropertyListed Today

Paerata 3 Bedroom 4.1ha Prime Future Urban Land in Growing Paerata

Tender: Closes on Wednesday 26 February 2025 at 3:00PM (unless sold prior)

Adjacent to the Paerata Rise Development – perfectly positioned for future growth.

This is an exceptional opportunity for forward-thinking investors looking to secure prime development land in an area poised for significant expansion.

With strong development potential, this prime parcel of land offers a strategic position in a rapidly growing region.

Nestled near the thriving Paerata Rise development, this flat contour land is a top contender for future development. Its proximity to ongoing growth and its land banking potential make it an exciting opportunity for investors.

Designated as future urban land, its value is undeniable. Currently, there are two rented homes on the property, offering road frontage and an immediate income stream.

With residential zoning already established on neighboring land, this property offers clear potential for future development, making it a smart choice for long-term investors.

Paerata Rise is experiencing rapid development, with plans for an upcoming electric train station, new schools, and additional amenities – all contributing to the area's rising appeal and financial prospects.

Located just 4.9km from Pukekohe town center, 3.3km from Pukekohe Golf Club, and only 9.6km to the motorway, this property offers the perfect balance of convenience and lifestyle, making it highly attractive to future residents.

This land is situated in one of the fastest-growing areas and, with its prime location and vast potential, it’s an investment that will continue to gain value. Don’t miss out – secure your slice of this hot property today!

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2025 01 29
Improvement value$100,000Reduced by 0% from year 2017
Land value$3,300,000Reduced by 0% from year 2017
CV(Year 2021 Month 06)$3,400,000Reduced by 0% from year 2017
View typeNo appreciable view
ContourLevel
Land area41035m²
Floor area180m²
TitleNA51D/1015
Type of titleFreehold
Legal descriptionPT LOT 8 DEEDS REG 188, PT LOT 9 DEEDS REG 188
CouncilAuckland - Franklin
Estate descriptionFSIM,1/1,PART LOT 8-9 DEEDS PLAN 188
Council rates$6,611.48
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningFuture Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Paerata School
2.29 km
Primary
1-8
Government
Co-Educational
EQI: 514
1
Pukekohe High School
4.91 km
Secondary
9-15
Government
Co-Educational
EQI: 462
6

Property history

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For developers

Unitary plan:Future Urban Zone
Land:41035m²
Title:Freehold

Surrounding facilities

Paerata Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Paerata properties data
Paerata property trend
Year
Median price
Growth
Sales count
2024
$960,000
-6.6%
23
2023
$1,027,500
-10.7%
14
2022
$1,150,000
-4.2%
9
2021
$1,200,000
250.9%
12
2020
$342,000
-35.3%
28
2019
$529,000
-23.3%
5
2018
$690,000
5.7%
3
2017
$652,500
11.5%
10
2016
$585,000
10.4%
6
2015
$530,000
-29.3%
4
2014
$750,000
-
9

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
994B Paerata Road, Paerata
0.19 km
1
1
-m2
Year 2024 Month 09 Day 24
$502,000
Council approved
6 Anchor Road, Paerata
1.19 km
6
3
150m2
Year 2024 Month 09 Day 20
$1,300,000
Council approved
994a Paerata Road, Paerata
0.22 km
3
1
109m2
Year 2024 Month 09 Day 05
$1,315,000
Council approved
1026 Paerata Road, Paerata
0.49 km
3
2
-m2
Year 2024 Month 09 Day 04
$810,000
Council approved
1003 Paerata Road, Paerata
0.25 km
3
1
94m2
Year 2024 Month 08 Day 21
-
Council approved

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Ref:903391Last update:2025-02-03 16:31:26