9 Moana Crescent, Mangakino, Taupo

Welcome to 9 Moana Crescent, a prime freehold property nestled in the sought-after Mangakino, Taupo. This 885 sqm section boasts a level contour, offering picturesque glimpses of Lake Maraetai from its elevated position. The potential here is vast, with ample space for building your dream home, camping, or parking your caravan, boat, or motorhome. The property even allows for the relocation of a house or two, subject to council consent. The site is conveniently located near all amenities and mere minutes from the lake and golf course. With power and sewer connections at the gate and water available on-site, this property presents a golden opportunity. The current capital value as of July 1, 2022, stands at $270,000, reflecting a 125% increase since 2019, with the HouGarden AVM estimating it at $245,000. The latest sales history shows transactions at $220,000 in 2024 and $255,000 in 2021.

Regarding the property's physical condition, the wall and roof construction are yet to be determined. However, this does not detract from the vast potential and growth prospects of this investment. The property category is designated as residential - vacant, indicating a clean slate for your vision to take form.

For families, the school zone is a significant draw. The local schools are well-rated, ensuring quality education for your children. This, combined with the property's capital value growth and desirable location, makes 9 Moana Crescent an unbeatable choice for both living and investment.

Updated on December 18, 2024