The perfect property to add value with build site

Listed 8 Sep
137 Fairfield Road, Hawera, South Taranaki, Taranaki
Asking price $479,000
Details
- Floor Area
- 144m²
- Land area
- 1423m²
- Parking
- 1 car garaging
- Broadband
- ADSL, Fibre, Satellite, Wireless
- Capital value (CV)
- $450,000


The perfect property to add value with build site
Positioned on a substantial 1423sqm (more or less) section this four-bedroom Villa presents a rare opportunity for buyers seeking space, potential and long-term upside in a proven Hawera location. The size and layout of the land immediately set this property apart, with the existing home positioned neatly toward the rear of the site creating a large, usable front area ideal for future development. Whether you explore building a second dwelling, moving a home onto the front, or subdividing to create two titles (subject to council requirements), the scope here is undeniable.
The Villa itself is currently rented at $550 per week providing a solid return while you plan your next move. Its four bedrooms offer flexibility for tenants or future owner occupiers, and the home retains the character and proportions expected of a traditional Villa. With the residence already set well back from the road the front portion of the section becomes a genuine asset, flat, accessible and ready for those with vision.
For investors this is an opportunity to expand your asset base with a property that already generates income while offering clear potential to add another dwelling and increase yield. For developers or families, the land size opens the door to multi-generational living, a new build at the front or a strategic subdivision to unlock value.
Large sites of this scale are increasingly scarce in Hawera, and few offer such a practical layout for future development. With income in place, strong positioning and genuine scope to create two dwellings on one site this property represents a smart and strategic purchase for those looking ahead.

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Local Schools
- KIDS BARN CHILDCARE CENTRE129 Fairfield RoadRoll: 39
- HAWERA PLAYCENTRE89 Fairfeild RoadRoll: 24
- RAMANUI SCHOOL85 Fairfield RoadRoll: 62
- HĀWERA CHRISTIAN SCHOOL2 Manawapou RoadRoll: 49
- KIWI CLUBHOUSE LEARNING CENTRE29 Manawapou RoadRoll: 68
- TKKM O NGATI RUANUI245 South RoadRoll: 150
- HĀWERA PRIMARY SCHOOL261 South RoadRoll: 165
- HĀWERA KINDERGARTENKauri CrescentRoll: 26
- BESTSTART SOUTH ROAD 1289 South RoadRoll: 51
- ST JOSEPH'S SCHOOL (HAWERA)32 Victoria StreetRoll: 209
- TE PAEPAE O AOTEA13 Camberwell RoadRoll: 863
- MATAPU SCHOOL495 Hastings RoadRoll: 146
- TE KURA O NGA RUAHINE RANGI520 Eltham RoadRoll: 64
- PATEA AREA SCHOOLKent StreetRoll: 184
- STRATFORD HIGH SCHOOL TEEN PARENT UNITSwansea Road
Location info
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Property insights
HomesEstimate
Updated today
- Updated
- October 15, 2026
- Estimated value
- $450K - $505K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $450,000
- Land value
- $170,000
- Improvement value
- $280,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 450K - 505K
- Suburb median
- Hawera: 475K


