Located at 32 Tai Road, Wharewaka, Taupo, this residential vacant property spans across a generous land area of 531 square meters. It is a freehold property, ensuring the owner full ownership rights without any shared interest. The property's construction details regarding the roof and walls are currently unknown, including their condition. It is situated on level ground, making it potentially easier for development. Despite the lack of information on bedrooms, bathrooms, and car parks, the expansive land offers ample opportunity for customization according to the new owner's preferences.
The property has seen a notable capital value (CV) increase, with the latest government valuation at $405,000 as of July 2022. This represents a significant growth from its most recent sale price of $350,000 in January 2024, indicating a positive trend in property value. The HouGarden AVM estimates the property's value slightly lower at $397,500, yet close to the government's valuation, suggesting a consistent market perception of the property's worth.
For families considering educational opportunities, the property falls within the zone of Waipahihi School, a contributing school with a decile rating of 7. This indicates a high level of educational resources and a positive learning environment for children, making it an attractive option for families looking to build or invest in the area.