Built in the 1950's and first time on the market in years this charming 2-bedroom home sits proudly on a generous 1,320m2 section, offering the perfect blend of expansive outdoor space and potential to turn this into your forever home, rental or project.
Requiring a renovation throughout, the home has good solid bones with some timber floors exposed and plenty of potential for those that have the ability to add value and make the necessary improvements.
Vehicle accommodation is well sorted with a single garage plus a large double carport, providing secure parking for multiple vehicles and plenty of storage space for all your outdoor equipment and tools. This is particularly valuable in a town that serves as the gateway to both the Coromandel Peninsula and the Bay of Plenty.
The property is zoned industrial/residential so can be used for home business purposes.
The substantial land area is perhaps this property's greatest asset, offering endless possibilities for keen gardeners, families wanting space for children to play, or those with dreams of adding sheds, workshops, or even exploring subdivision potential subject to council approval.
Living in Paeroa means being part of New Zealand's rich mining heritage while enjoying modern conveniences and community spirit. Famous as the birthplace of Lemon & Paeroa, this town has evolved into the Events Capital of the Coromandel, hosting events such as Pipe Band Tattoo and more that draws visitors from across New Zealand and beyond.
The location couldn't be more convenient for families, with Paeroa College, several primary schools including Miller Avenue School and Paeroa Central School, plus St Joseph's Catholic School all within easy reach. The town's position at the intersection of State Highways 2 and 26 makes it perfectly situated for commuters, being roughly halfway between Auckland and Tauranga.
The mineral springs that made Paeroa famous still bubble beneath this historic town, while the Waihou and Ohinemuri Rivers provide scenic beauty and recreational opportunities. Whether you're drawn by the town's fascinating gold mining history, its role as a transport hub, or simply the friendly community atmosphere, this property offers an affordable entry point into a truly special part of New Zealand.
Modern amenities blend seamlessly with small-town charm, from the landmark L&P bottle that greets visitors to the bustling events calendar that keeps the community vibrant year-round. The Thames Valley Rugby Union calls Paeroa home, and with clubs for virtually every sport, there's something for every interest and age group.
This property represents an excellent opportunity for first-home buyers, downsizers, or investors seeking a solid foundation in a town with genuine growth potential. The combination of generous land, practical improvements, and prime location in New Zealand's most recognisable small town creates a compelling proposition that won't last long in today's market.
An opportunity not to be missed!
