Nestled on a vast section of 1,050,911 square meters at 1150 Hauraki Road, Paeroa, this dairy farm boasts a freehold title. The main dwelling, with an average wooden exterior and iron roof, offers a floor area of 244 square meters. The property, valued at $4,250,000 as per the government's September 2021 assessment, presents an opportunity for expansion and investment in the agricultural sector.
Reflecting a growing market trend, the property's capital value has seen a significant leap. The latest sales figures from September 3, 2024, indicate a sale price of $5,474,825, while the HouGarden AVM estimates the property's worth at $4,180,000. This represents a substantial increase from the previous sale on April 19, 2024, which was $3,850,000.
For families with educational considerations, this property falls within a school zone with favorable decile ratings. The proximity to esteemed educational institutions adds to the appeal of this already valuable property, making it an ideal choice for those seeking both investment and quality education for their children.
Updated on October 02, 2024