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Nestled on a levelled section of 852 square meters, this charming 1940-built residence at 49 Puke Road, Paeroa, Hauraki, boasts 2 bedrooms, 1 bathroom, and a freehold title. Constructed with wooden walls and an iron roof, both in average condition, the 94 square meter floor area provides an open plan dining and kitchen, alongside a separate lounge with a cozy wood burner. The property is designed with an ideal layout for a family, and it's priced to sell, making it an attractive opportunity for both rental investors and first-time homebuyers.

History shows a consistent government valuation, with the latest Capital Value (CV) of $420,000, showing no increase since the previous valuation. However, the HouGarden AVM estimates the property at $392,500. Notably, the property's latest sale history includes a significant jump from $160,000 in 2014 to $355,000 in 2024, indicating a potential for capital growth. This trend underlines the investment potential of this property in a rapidly appreciating market.

For families with children, the property falls within a desirable school zone. The local schools are well-rated, ensuring access to quality education. This, coupled with the property's comfortable living spaces and convenient location, makes it an ideal choice for those seeking a great start in the housing market.

Updated on June 05, 2024

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History shows a consistent government valuation, with the latest Capital Value (CV