18 Lee Avenue

Paeroa Waikato

863 m²

House

Jay Dellar, last sold this property on 15 February 2026 after 59 days on market.

Overview

Do Me Up!!! Huge Value Here

This 1950s three-bedroom home is a genuine renovation project on a prime section and is now ready for buyers who can recognise the opportunity. Set on a large, flat section just moments from the supermarket and town centre, the home offers strong fundamentals: a well-built structure, separate garage, and original hardwood floors beneath the carpet waiting to be brought back to life. Internally, the property is ideal for renovators, builders, or value-add buyers wanting to roll up their sleeves. The roof has been replaced in recent years, providing peace of mind as you plan your improvements. With good bones and a highly convenient location, this is a classic do-up deal where the upside comes from the work you put in. Zoning Advantage: Zoned Industrial 7A, the property can continue to be used as a residential home, while also offering long-term flexibility for future development or alternative Industrial uses (subject to council approval). This adds another layer of potential for buyers thinking beyond a standard renovation. If you're looking for a project with location, land, and options, this one deserves your attention. *Download Property Files: https://www.propertyfiles.co.nz/property/946100003 Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

Features

3 bedrooms

1 bathroom

4 carspaces

1 carport space

2 open car spaces

1 garage space

863 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Paeroa over the last 12 months, the estimated median property value of 18 Lee Avenue is $517.5k.

Median value

$517.5k

Estimated value range

$300k - $870k

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Paeroa. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.