Back 5 Park Road
Off Market

5 Park Road

Western Heights Bay of Plenty

3
1
2
1012 m²
House
Hielke Oppers AREINZHielke Oppers AREINZ, last sold this property on 22 July 2025 after 28 days on market.

Overview

Endless Potential on a Classic Quarter Acre

This property offers an exceptional opportunity for those looking to unlock value on one of the few remaining classic flat, Kiwi Quarter Acre sections. Increasingly sought after, this sizeable site is a standout for savvy and forward-thinking investors and developers. Positioned at the front of the section, the existing home provides a solid foundation with great bones - ideal for rental income after light upgrades. The generous rear portion of the site presents a blank slate for future development. Will you maximize the land with a high-density build, retain the existing home and add a second dwelling at the rear, or land-bank? The choice is yours. Ideally located within walking distance of all levels of schooling, childcare facilities, and recreational parks. The seller has enjoyed a solid rental return from this property over the years, but is now ready to pass on the opportunity to someone else. Auction on 23 July, 2025 at 1:00pm at Tremains, Rotorua (no prior sale)

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1012 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Western Heights over the last 12 months, the estimated median property value of 5 Park Road is $525k.

Median value
$525k
Estimated value range
$310k - $708k
Median days on market
42
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Western Heights. 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.

Property history for 5 Park Road

2025
Sold
Undisclosed
22 Jul 2025 by Hielke Oppers AREINZ, of Tremains Rotorua Ltd

Happy sellers in Western Heights

79%
79% of sellers in Western Heights reported that their sale price either exceeded or met their price expectations.

Western Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Western Heights over the last 12 months.

Local market activity for 3 bedroom houses in Western Heights

In the last 12 months, 27 three-bedroom houses similar to 5 Park Road, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

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