Nestled in the serene Whareroa Village, 1 Turangitukua Terrace, Kuratau, Taupo, is a vacant residential section boasting a land area of 956 sqm. This freehold property offers a building height limit of 7.5 meters, providing an ideal foundation for a home with breathtaking lake views and easy access. The property's capital value has seen a remarkable increase, rising from $177,000 in 2019 to $455,000 as of 2022, indicating a growth rate of 157.06%. The roof and wall construction remain unknown, yet this doesn't detract from the section's potential.
With a HouGarden AVM of $445,000, the latest sale history includes transactions in 2024 and 1994, highlighting the property's long-term value. This section is not only a wise investment but also a gateway to outdoor activities, being minutes away from excellent boating and fishing spots, and within an hour's reach of the Whakapapa ski fields and numerous cycle tracks.
For families, the property falls within the Kuratau School zone, a full primary with a decile rating of 2. This section presents a unique opportunity to build a dream home in a tranquil setting, while being part of a community with a strong sense of identity and convenient access to educational facilities.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.83 km | 3 | 1 | 110m2 | Year 2025 Month 01 Day 24 | - | Council approved | |
 | 0.24 km | 2 | 114m2 | Year 2024 Month 11 Day 13 | $760,000 | Council approved | ||
0.95 km | 4 | 105m2 | Year 2024 Month 11 Day 12 | $750,000 | Council approved | |||
 | 0.26 km | 3 | 1 | 82m2 | Year 2024 Month 09 Day 18 | $830,000 | Council approved | |
 | 1.11 km | 3 | 140m2 | Year 2024 Month 09 Day 04 | $800,000 | Council approved |