27a Papaunahi Road, Hauraki Surrounds, Bay Of Plenty

Located at 27a Papaunahi Road, Hauraki Surrounds, Bay Of Plenty, this residential vacant property offers an unparalleled opportunity for those dreaming of beachfront living. With no buildings obstructing the view and just a short stroll over the dunes to the ocean, the site is perfect for constructing a new home or beach house. The property spans 497m², with a garage built right on the boundary, maximizing the available space for development. Despite the lack of information on the building's age, wall, and roof conditions, its level contour and freehold ownership type make it a highly desirable plot.

Over the years, the property has seen a significant increase in its capital value, jumping from $635,000 on July 1, 2019, to $1,060,000 by September 1, 2022, marking a 66.93% rise. The HouGarden AVM estimates its value at $1,015,000. Its sale history reflects its growing appeal, with transactions recorded at $525,000 on July 22, 2016, and $900,000 on January 12, 2024.

For families considering educational opportunities, the property falls within the zone for Waihi Beach School, a contributing school with a decile rating of 7. This combination of a prime location, significant capital value growth, and access to quality education makes it an attractive option for potential buyers.

Updated on April 06, 2024.