Nestled on a spacious 6276 square meters of freehold land at 10 Awaiti Road, Paeroa, Hauraki, this unique property presents a versatile lifestyle opportunity. The home, though in need of some TLC, boasts an open plan living area, a family bathroom, and convenient separate facilities for laundry and toilet. With an unknown roof and wall construction, this property's potential is vast. It currently holds a government valuation (CV) of $10,000 as of September 2021, showing no increase from the previous valuation in July 2021. The HouGarden AVM also reflects this value, indicating a stable property market for this quiet cul-de-sac. Furthermore, the property is situated in the catchment area of Netherton School, a full primary with a decile rating of 5, ensuring quality education for the family.
Despite the CV remaining unchanged, the capital value growth percentage is 0.0%, which may present a solid investment opportunity for the right buyer. The property's recent sale history and the current asking price reflect the potential for growth and the unique lifestyle on offer. With established fruit trees and fenced paddocks, this 2.0234 hectare block has previously been utilized for silage and farming pigs, offering a variety of options for the new owner to explore.
For families with children, the school network is a significant plus. The property falls within the zone of Netherton School, known for its comprehensive primary education. This, combined with the property's privacy, proximity to services, and the potential for a beautiful garden, makes it an attractive proposition for those seeking a tranquil yet convenient lifestyle.
Updated on June 11, 2024