Set on a generous 817sqm (more or less) freehold site with a dwelling of approximately 110sqm (more or less), this property presents a genuine opportunity for buyers with vision. With solid fundamentals already in place and a highly convenient location, this is a home where renovation and improvement can unlock real value.

Location is a true highlight. The property is positioned just a two-minute walk to Paengaroa School and Kindergarten, ideal for families. Pongakawa School is approximately a 10-minute drive, offering further schooling options close by.

Paengaroa is strategically located for easy commuting throughout the Bay of Plenty, including Rotorua, Whakatāne, and Te Puke. Easy access to the Eastern Link toll road provides a smooth commute to Papamoa East, Bayfair Shopping Centre, and Tauranga.

The home offers a practical layout with three bedrooms, one bathroom, and a single garage located downstairs. While the property does require renovation, key features are already in place, including insulation, air conditioning, and a brand-new mains pressure hot water cylinder, providing a strong foundation for future upgrades.

This property represents an excellent opportunity for:
•Investors looking to add value and strengthen returns
•Developers or renovators seeking a well-located project
•First-home buyers ready to create equity through renovation
With a sizeable landholding, strong location fundamentals, and excellent regional access, this is a property that rewards vision, effort, and forward thinking.
Call me today to book your private viewing.