994b Paerata Road, Paerata, Auckland - Franklin

Nestled in the tranquility of a quiet cul-de-sac on 994b Paerata Road, Paerata, Auckland - Franklin, this freehold property is a charming residential dwelling built in 1940. It boasts a single bedroom, a bathroom, and a modest floor area of 62 square meters on a sprawling 1112 square meter section. The Aluminium roof and Fibrous Cement walls are in average and poor condition respectively, making it a perfect project for the right buyer. With a capital value of $590,000 as of June 2021, this property has seen a remarkable increase of 47.5% from its $400,000 valuation in July 2017. It is currently valued at $592,500 by HouGarden AVM, indicating a steady growth potential.

For families with school-aged children, the property falls within the zones of Paerata School, a full primary with a decile rating of 1, and Pukekohe High School, a secondary school catering to years 9-15 with a decile rating of 6. This is an ideal opportunity for those looking to invest in a property with excellent educational facilities nearby.

Whether you're seeking a low-maintenance haven to park your Campervan, a first homebuyer eager to climb the property ladder, or an investor looking to land bank, this property offers potential and convenience. It features modern amenities like a dishwasher and a heat pump for comfort throughout the year, and a spacious backyard for outdoor leisure. The property is move-in ready with a well-maintained interior and exterior. Don't miss your chance to own this affordable gem in a sought-after location.

Updated on September 27, 2024