Paeroa Antiques Capital of New Zealand... Revisit the days of old, admire antique stores overflowing with collectables. Discover some treasure in Paeroa the antiques capital of New Zealand. Paeroa has long been known as the town thats world famous in New Zealand. Over the years its also established itself as the antiques capital of the country and is a treasure trove for those in search of something other than a photo next to the giant L&P bottle. Paeroa is in the middle of the Hauraki Rail Trail that travels from Thames to Waihi and Te Aroha.