Located at 11 Blackhawk Close, Kinloch, Taupo, this residential vacant land spans 492sqm, offering a level contour and a freehold ownership type. The property's construction details for the roof and walls remain unknown, reflecting its status as a vacant section. This property is nestled in the prestigious Locheagles subdivision, boasting breathtaking views of the lake and the renowned international golf course. Its semi-private location, away from the main road and bordered by native bush at the back, enhances its appeal. Priced at a realistic $395,000, it represents great value in today's market, making it an excellent investment opportunity for those seeking a lower maintenance lifestyle without sacrificing a full freehold site.
The capital value of this property has seen a significant increase, from $205,000 on July 1, 2019, to $365,000 on July 1, 2022, marking a 78.05% growth. The HouGarden AVM estimates its value at $357,500. Its sale history includes a transaction at $205,000 on September 25, 2019, and a recent sale at $380,000 on February 2, 2024, indicating a strong market interest. This section's manageable size, combined with its desirable location and stunning views, underscores its potential as a lucrative investment.
This property falls within the zones of Marotiri School (Full Primary, decile 6), Wairakei School (Contributing, decile 5), and Taupo-nui-a-Tia College (Secondary (Year 9-15), decile 5). These educational institutions offer a range of learning environments, from primary to secondary levels, catering to families looking for quality education options. The combination of its prime location, scenic views, and proximity to reputable schools makes this section an ideal choice for a variety of buyers, including avid golfers, nature enthusiasts, or those seeking a tranquil and picturesque living space.