42a Junction Road, Paeroa, Hauraki

Nestled on a vast 1.8-hectare plot at 42a Junction Road, Paeroa, Hauraki, this Lifestyle - Improved property with a Freehold title presents a serene countryside escape. The compound boasts two dwellings, each exuding their unique charm, complemented by a spacious floor area of 248 square meters, three car parks, and a triple bay shed. Constructed in 2000 with wood walls and an iron roof, both in average condition, this estate is a tranquil haven with potential for further development or subdivision. The property's Capital Value (CV) has maintained stability, showing a 0.0% increase since the last valuation, with a current CV of $1,150,000 as of September 2021. The HouGarden AVM estimates a slightly lower value at $1,052,500, while the latest sales history shows transactions at $1,150,000 in July 2023 and $1,200,000 in November 2024, indicating a growing market interest.

With a CV that has held steady, this property offers a secure investment with a promising future. The recent sale prices reflect a positive trend, which could be a sign of increasing capital value in the area. The property's secret gardens, fruit trees, and level contour add to its allure, making it an ideal choice for those seeking a slice of country tranquility.

For families with educational considerations, this property falls within a school zone with highly-rated institutions. The opportunity to be part of a community with excellent educational facilities is an added bonus to this already attractive property package.

Updated on December 04, 2024