Raine & Horne Thames | Paeroa
R&H
  • Home
  • Buy
  • 18 Lee Avenue, Paeroa, NZ 3600

18 Lee Avenue, Paeroa

  • 3 Bed
  • 1 Bath
  • 4garages

For Sale

$495,000

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
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avatar Jay Dellar
Jay Dellar
Franchise Owner & Licensed Salesperson
avatar Bex Dellar
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 Profile: Paeroa
R&H Suburb SummaryHouses
Number of sales86
Average Price$548,942
Median Price$549,500
Median Rental Price$ p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $549,500
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