48a Bennett Street, Paeroa, Hauraki

Located at 48a Bennett Street, Paeroa, Hauraki, this unique lifestyle property offers a vacant land area of over 6 hectares (approximately 60247 square meters), making it an ideal choice for those seeking a blend of spaciousness and convenience. The property is characterized by its freehold ownership type, level contour, and is currently not developed, with unknown details regarding wall and roof construction, as well as their conditions. This special piece of paradise, with its large flat area prepared for a horse arena, presents a blank canvas for potential owners to create their dream lifestyle block or develop as they see fit. The availability of town water and power at the boundary, coupled with a fantastic northerly aspect that captures all-day sun, enhances its appeal for sustainable living and development opportunities.

The property's capital value has remained steady at $450,000 as of September 2021, with no increase recorded from the previous valuation in July 2021. However, the HouGarden AVM estimates its value at $427,500. The latest sale data reveals a significant transaction on February 2, 2024, where the property was sold for $540,000, marking a substantial increase from its previous sale price of $400,000 on September 17, 2020. This indicates a strong market interest and potential for capital value growth.

While specific school zoning information is not provided, the property's prime location on the edge of town ensures easy access to local amenities and educational facilities, making it an attractive option for families and individuals alike. The established stand of gum trees and the property's sheltered position offer a serene and picturesque setting, ideal for a variety of lifestyle aspirations.

Updated on April 05, 2024.