56 Ngaru Crescent, Wharewaka, Taupo

Nestled on a level plot at 56 Ngaru Crescent, Wharewaka, Taupo, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's unknown roof and wall construction add an air of mystery to this intriguing investment opportunity. With a land area of 574 square meters, it's situated in a quiet cul-de-sac, promising privacy and tranquility.

As for the financials, the property's capital value as of July 2022 stands at $415,000, with the HouGarden AVM estimating a slightly lower value of $397,500. The latest sale record from March 2024 indicates a transaction at $385,000, which may reflect a promising growth trajectory for potential investors. The capital value has seen a significant increase over the years, making this a lucrative prospect for those looking to enter the property market.

For families with children, the property falls within the catchment area of Waipahihi School, a contributing school with a decile rating of 7. This indicates a good standard of education in the local area, adding to the property's appeal as a family home or long-term investment.

Updated on April 11, 2024