Located at 1 Te Wairemana Place, Turangi, Taupo, this residential vacant land offers a unique opportunity to secure a prime section in the Wharekura Estate. With a generous land area of 682sqm, the property boasts a freehold ownership type, ensuring full rights to the land. The property features a level contour, with the specifics of the building's age, roof, and wall constructions remaining unknown. This section, being one of the larger sites within the subdivision, benefits from a north-facing orientation, maximizing sunlight exposure. The subdivision itself is well-developed, featuring a new entranceway, sealed roads, curbing, channelling, and landscaping. Town services are conveniently located at the footpath edge, and the property offers stunning mountain views to the west, south, and east. Its proximity to the town centre makes it an ideal location for permanent residence or a central base for return visits.
The property's capital value as of July 1, 2022, was $245,000, with a HouGarden AVM estimating its value at $235,000. The latest sale on January 23, 2024, recorded a sale price of $209,000. This indicates a dynamic market and the potential for capital value growth, making it an attractive investment opportunity.
While specific school zoning information is not provided, the property's location in Turangi, close to the town centre, suggests accessibility to a range of educational facilities. Prospective buyers are encouraged to consider the local schooling options to ensure they meet their educational requirements.
Updated on April 06, 2024.
