14a Keepa Avenue, Paeroa, Hauraki

This charming stand-alone brick home, located at 14a Keepa Avenue, Paeroa, Hauraki, offers more than what meets the eye. Constructed in 1997 with mixed materials for the walls and iron for the roof, both in good condition, it sits on a level 319m2 freehold site. The property boasts 2 bedrooms, 1 bathroom, a floor area of 100m2, and the convenience of a heat pump for year-round comfort. With a carport or covered patio, it's perfect for first home buyers, retirees, or investors looking to add value to their portfolio. The property is currently tenanted with a reliable tenant who wishes to stay. It's situated in a quiet cul-de-sac, basking in sunlight all day and just a short distance from the Paeroa township.

From a valuation perspective, the property has a government-assessed capital value of $510,000 as of September 2021, with no increase from the previous assessment in July 2021. The HouGarden AVM estimates the property's value at $495,000. Notably, the latest sale was recorded in June 2024 for $465,000, showing a significant increase from the 1997 sale price of $124,000.

For families with children, the property falls within a desirable school zone. With excellent educational facilities nearby, including high-scoring schools, this home offers the complete package for those seeking a nesting or investment opportunity.

Updated on July 26, 2024