Embrace the potential of this expansive 4.0519-hectare property, a Lifestyle - Vacant landholding with freehold title, strategically positioned on Opukeko Road, Paeroa, Hauraki. The site, with its unknown roof and wall construction, presents a blank canvas for development. Historically valued at $60,000 in 1999, the property now holds a government-estimated Capital Value of $820,000, unchanged from the previous quarter, with a HouGarden AVM of $805,000, indicating a stable investment opportunity. This level plot, with its undefined floor and land area, offers a versatile setting for industrial ventures or continued agricultural use, complete with grazing paddocks and farm outbuildings.
From a valuation perspective, the property has seen no significant CV increase, maintaining a consistent growth trajectory. The latest sale in 1999 sets a historical benchmark, while the current HouGarden AVM suggests a promising return on investment in this sought-after location.
For families, the property falls within a desirable school zone, enhancing its appeal with access to quality education. The surrounding schools, known for their high decile ratings, promise a sound foundation for children's academic pursuits.
Updated on July 18, 2024