Affectionately known as the “Blue Cottage” or “Blue House”, this charming property is something of a local icon and represents the original farmhouse of the wider landholding, now being transformed through the Goldfields and surrounding lifestyle subdivisions.
This early 1900s weatherboard cottage offers three bedrooms and retains its classic character, complete with a long-run roof and traditional appeal. Being sold in “as is” condition, the home is currently tenanted by a farm worker and is already serviced with power and water.
Positioned on a well-elevated 2,600sqm (more or less) section, the property enjoys lovely outlooks back across Paeroa and benefits from its hillside setting. Access will be formed from State Highway 2.
The property is subject to boundary adjustment, with a clean title expected within approximately three months. Flexibility may also be available for early access prior to settlement or title issuance, should this be required.
This is an outstanding opportunity for first-home buyers with a passion for DIY or renovation, or for builders and investors seeking an affordable project with strong upside potential. With its combination of character, elevation, and generous land size, this property presents a true renovation dream.
Offered at Buyer Enquiry Over $450,000, this is expected to be one of the most affordable opportunities not only in the local area, but potentially across the wider Bay of Plenty and Waikato regions. Properties with this level of positioning, land size, and potential are increasingly rare, and this one is sure to capture attention.
A unique chance to secure a piece of local history and create something truly special.
Property Files: https://www.propertyfiles.co.nz/property/Lot-1-7337-StateHighway2
