Nestled in the tranquility of a quiet cul-de-sac at 5 Lewis Street, Paeroa, Hauraki, this freehold property is a charming residential dwelling from the 1950s. The 3-bedroom, 2-carpark home sits on a 1161m2 section with an easy/moderate rise contour. It features wood exterior walls, tiled roofing, and an average condition for both. Inside, it's a blend of modern luxury and functionality, with a contemporary kitchen, soft-close cabinetry, stone benchtops, and a cozy lounge with an open fire and heat pump. The property's Capital Value (CV) has remained stable at $550,000 since July 2021, with a 0.0% increase. The HouGarden AVM estimates it at $530,000, while the latest sales were at $366,000 in 2019 and $150,000 in 2013.
For families, the property falls within a desirable school zone. The local schools boast impressive decile ratings, ensuring a quality education for children. This, combined with the property's subdivision potential and the convenience of the location, makes it an attractive investment.
With a CV that has seen a consistent growth trajectory and a location that's hard to beat, this property is not just a home but a sound investment for the future. Embrace the opportunity to live in a house that offers both comfort and potential in a sought-after educational district.
Updated on April 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 4 | 2 | 239m2 | Year 2025 Month 02 Day 24 | - | Council approved | |
 | 0.50 km | 3 | 1 | 170m2 | Year 2025 Month 01 Day 31 | - | Council approved | |
 | 0.39 km | 3 | 1 | 110m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.52 km | 2 | 1 | 110m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.52 km | 2 | 1 | 81m2 | Year 2024 Month 10 Day 01 | $465,000 | Council approved |