Welcome to your new home in the thriving community of Paerata Rise! This 3-bedroom residence, built in 2020, boasts a modern design with wood construction and tile roofing, ensuring durability and style. The property spans 116 square meters of floor area on a 242 square meter freehold land, offering a level contour for easy access and development. Its prime location at 12 Lauti Lane, Paerata, Auckland - Franklin, within the Residential - Ownership home units category, makes it an ideal choice for all buyers, from first home buyers to savvy investors.
Since its last sale in February 2020 for $649,999, the property has seen a significant increase in capital value, from $610,000 in July 2017 to $740,000 in June 2021, marking a 21.31% growth. The current HouGarden AVM estimates the property's value at $730,000, highlighting its potential as a lucrative investment. This gem is a testament to the area's rapid development and the property's increasing value.
Education is a priority, with the property zoned for Paerata School (Full Primary, decile 1) and Pukekohe High School (Secondary Year 9-15, decile 6), ensuring access to quality education. The community's growth and the proximity to essential amenities make it a perfect blend of urban convenience and a relaxed lifestyle, ideal for families and individuals alike.
Updated on March 22, 2024.