15 Makomako Crescent, Wharewaka, Taupo

Nestled in the esteemed Nga Roto Estate, this vacant residential section at 15 Makomako Crescent, Wharewaka, Taupo, offers a promising opportunity on a freehold land of approximately 541sqm. With the advantage of being in a level contour, it's a blank canvas for your dream home. The property boasts an unknown roof and wall construction, which allows for personal design choices. This prime section has seen a latest sale history of $362,500 in 2024 and $375,000 in 2022, with a current HouGarden AVM of $377,500 and a capital value as of July 2022 of $410,000, indicating a potential growth investment.

History shows a promising trend in the property's value, with a notable increase in its capital value over time. The location, protected by covenants, ensures a consistent standard of development, making it an attractive prospect for both first-time buyers and investors. Its proximity to local amenities, the picturesque lake, and accessible cafes and restaurants, adds to the appeal, while being just a short drive from the central township provides a perfect blend of tranquility and convenience.

For families, the added bonus is the school zone, which includes highly-rated educational institutions. This combination of a desirable location, potential for value growth, and access to quality education makes this section a golden opportunity not to be missed.

Updated on December 18, 2024