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The perfect property to add value with build site

Bayleys Hawera, (Licensed: REAA 2008)

Listed 8 Sep

137 Fairfield Road, Hawera, South Taranaki, Taranaki

Asking price $479,000

Bed4
Bath1
Parking1
Land area1423m²
Floor area144m²

Details

4 bedrooms
1 bathroom
1 lounge
1 study
1 garage park
House
Floor Area
144m²
Land area
1423m²
Parking
1 car garaging
Broadband
ADSL, Fibre, Satellite, Wireless
Capital value (CV)
$450,000
Property interior
Property interior

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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137 Fairfield Road has been viewed 2,616 times since it was first listed on 8 September. There are 52 people keeping an eye on it.

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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

137 Fairfield Road, Hawera, South Taranaki, Taranaki

Tour the property

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Property insights

HomesEstimate

Updated today

Updated
October 15, 2026
Estimated value
$450K - $505K

What is the HomesEstimate?

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

Past sales & timeline

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