18 Lee Avenue, Paeroa
- 3

- 1

- 4

For Sale
$525,000
Prime Land & Location - Serious Potential
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.
Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

Jay Dellar
Franchise Owner & Licensed Salesperson

Bex Dellar
Licensed Salesperson
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L38521596
- Property Type:House
- Garages:1
- Carports:1
- Open Parking:2
- Land Area:863 sqm
We Know Your Area
| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 67 |
| Average Price | $549,993 |
| Median Price | $549,000 |
| Median Rental Price | $ p.w. |
| Change in Rental Rate (5yr) | n/a |
Median Trend - $549,000
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