18 Aratiatia Road, Wairakei and Surrounds, Taupo

Nestled on a spacious 8,949 square meter lot at 18 Aratiatia Road, Wairakei and Surrounds, Taupo, this industrial-vacant property boasts a freehold title, ensuring full control and ownership. The property, with an unknown roof and wall construction, presents a unique opportunity for development. It features one bathroom and no specified number of bedrooms or carparks, allowing for a variety of potential uses. The current government capital value stands at $950,000, reflecting its investment potential.

As per the valuation history, the property's capital value has seen a significant jump, with the latest sale on June 5, 2024, reaching $1,600,000. The HouGarden AVM estimates the property's worth at $927,500, indicating a promising growth trend. The capital value increase percentage is a testament to the property's rising market appeal.

For families considering the property, the school zone is a key highlight. With a focus on education, the local school network boasts impressive decile ratings, ensuring a quality education for children. This, combined with the property's strategic location and growth potential, makes it an attractive prospect for both investors and families.

Updated on July 26, 2024