Nestled at the serene end of Willoughby Street, close to Paeroa's bustling CBD, lies this charming residence. Constructed in 1930 with wood walls and an iron roof, this freehold property offers 3 bedrooms, 1 bathroom, and an open-plan living area equipped with a heat pump for year-round comfort. The 87sqm floor area is complemented by a 455sqm section, creating a cozy haven for families or first-time homebuyers. With a government valuation of $540,000 as of September 2021, and no increase from the previous month, this property presents a stable investment opportunity. The HouGarden AVM estimates the property's worth at $505,000, while the latest sales history shows a significant jump from $88,000 in 2001 to $175,000 in 2009, indicating potential for growth.
Boasting a school zone with excellent educational facilities, this home is perfect for families looking to secure a quality education for their children. The property's convenient location near a highly-rated school adds to its appeal, making it an ideal choice for those who value a good education within walking distance.
With a bit of tender love and care, this property can shine again, offering a humble yet spacious section that's easy to maintain, and a single garage at the rear. It's a hidden gem waiting to be discovered by a discerning buyer.
Updated on May 20, 2024