6 Anchor Road, Paerata, Auckland - Franklin

Nestled in the serene Paerata, this freehold property on 3 acres of land is a potential goldmine, zoned for future urban development. The property boasts a 1910 settler's cottage with 3 bedrooms, a high-studded living room, a modernized kitchen-dining area, and a separate bathroom. It also includes a large shed with office space, a rumpus area, and a sleepout, complete with a double bedroom, bathroom, and kitchenette - ideal for extended family or teenagers. A second dwelling offers 3 double bedrooms, open-plan living, and a family bathroom. Both dwellings require some tender love and care. The capital value has seen a significant increase of 24.5% from $1,325,000 in 2017 to $1,650,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,660,000. The latest sales were in 2011 for $550,000 and in 1996 for $230,000. The property is in the decile 1 Paerata School and Pukekohe North School zones, and the decile 6 Pukekohe High School, making it an attractive investment for families.

With iron roofing and wood construction, the property offers a peaceful setting on a level contour. Its proximity to the Drury on-ramp and a 10-minute drive to Pukekohe's CBD adds to its appeal. This is not just a home; it's a future urban investment with immense potential.

Education is a key highlight, with the Paerata Rise Primary School and Saint Ignatius Secondary College in the vicinity, ensuring top-notch education for the kids.

Updated on September 20, 2024