Nestled in the tranquility of a quiet cul-de-sac at 67 Puke Road, Paeroa, Hauraki, this 1972-built Lockwood residence boasts 3 bedrooms, 1 bathroom, and a generous 91 square meters of floor area. It sits on a freehold section of approximately 1045 square meters, with aluminium exterior walls and a tiled roof in average condition. The property's government valuation remains stable at $440,000 since September 2021, with no increase in the capital value. The HouGarden AVM estimates the property's worth at $432,500, while the latest sale records from 2006 and 2003 reflect a significant growth potential. This home, with its recent refreshments, invites you to bask in the all-day sun and enjoy the warmth of a standalone wood burner in the open-plan living area. The modern kitchen is perfect for family gatherings, and each bedroom features built-in robes for ample storage. The centrally located bathroom and separate laundry enhance the convenience of daily living. With a concrete driveway, manual garage, and a hobby/workshop area, this property offers both potential for subdivision and a serene family environment amidst fruit trees.
From a historical perspective, the property has seen a capital value increase of 0.0% over the observed period, with a latest sale price of $195,000 in 2006 and $80,000 in 2003. The HouGarden AVM provides a current estimate that aligns closely with the government valuation, indicating a stable investment opportunity. This consistency in valuation is a testament to the timeless appeal and solid construction of the Lockwood home.
For families with children, the property falls within a desirable school zone with a high decile rating. The local schools are known for their quality education, making this an ideal choice for those seeking a settled family life in a reputable educational district.
Updated on August 26, 2024