8 Corbett Street, Paeroa, Hauraki

Nestled in the heart of Paeroa, 8 Corbett Street presents a charming three-bedroom, one-bathroom residence on a freehold title. Constructed in 1920 with wood walls and an iron roof, this delightful dwelling maintains an average condition both inside and out. The 60 square meter floor area is complemented by a level 301 square meter section, creating a cozy yet spacious living environment. With a CV of $410,000 as of September 2021, this property has seen no increase from the previous month, but holds a significant potential with a HouGarden AVM of $382,500. Historically, the latest sale was recorded in 1997 at $79,000, showcasing a substantial growth from its initial sale price of $35,000 in the same year.

Financially, the property's capital value growth percentage stands still, offering a stable investment opportunity. The latest valuation reflects a well-maintained property in a sought-after location, just a short 130m stroll to the Countdown Supermarket and Paeroa's main street. This appealing abode, with its wetback coal range and brand-new carpeting, is perfect for retirees, first-time buyers, or those looking to downsize without compromising on convenience and character.

For families with educational considerations, this property falls within a school zone with highly regarded institutions. The decile rating and proximity to quality schools make this a prime choice for those seeking a sound investment in both real estate and education.

Updated on May 17, 2024