7 Queen Street, Paeroa, Hauraki

Nestled in the heart of Paeroa, at 7 Queen Street, this charming 1910-built cottage boasts a freehold title and a level contour. The two-bedroom, one-bathroom residence features wood exterior walls and an iron roof, both in fair condition. With a floor area of 76 square meters and a land area of 379 square meters, this cozy home includes a modest kitchen and dining, two lounge areas that could be converted into a third bedroom, a bathroom with a low entry shower, and a separate laundry. The property's capital value has remained stable at $380,000 since July 2021, with a CV increase speed of 0.0%. The HouGarden AVM estimates the property's value at $362,500, while the latest sales history shows a sale in 2016 for $160,000 and in 2005 for $130,000.

Currently zoned for commercial use, this dwelling offers the flexibility to continue as a residential property or to operate certain businesses. The sunny backyard provides a serene escape, with privacy and fruit trees adding to the tranquility. A separate single garage and shed offer additional storage solutions. Located in a prime area, the property is close to local amenities such as the pool and the Ohinemuri River.

For families with children, the school zone is a significant highlight. The property falls within a highly regarded decile rating school zone, ensuring access to quality education. This 'Central, Cozy and a Cutie' is a perfect blend of comfort, convenience, and potential investment.

Updated on April 15, 2024