Tucked away at the top of Wairakei Village, just ten minutes (approximately) from Taupo’s CBD, are three all-too-rare real estate opportunities - Freehold sections with sensible covenants and everything in place and ready for affordable homes to be built OR relocated. The two remaining sections offer scenic views, are flat and north facing, and are accessed via a newly built private road, at the end of which is a Reserve.
Many of the costs, delays, and uncertainties associated with construction have been alleviated for you. Titles have been granted and extensive groundwork has been completed. Resource Consents have already been granted for a dwelling footprint of up to 125sqm (more or less).
Infrastructure such as power, water, and fiber to the right of way (ROW) and boundary is already in place. The entire construction process, including concrete work, drainage, and other essential infrastructure, has been executed to a high standard under the supervision of Cheal, Taupo.
This combination of features will make these sections equally desirable to first home buyers, a pocket-friendly holiday retreat, or a lucrative investment* for landlords.
The sections are priced as follows:
Lot 2 $279,000 549sqm (more or less)
Lot 3 $289,000 551sqm (more or less)
Lot 4 is now sold
If you wish to know more about these great sections, or would like to take a look for yourself, please contact Matt Davis-Goff of Bayley’s Taupo.
*Subject to the property complying with the Residential Tenancies Amendment Act 2020, effective 1 July 2019 for the purposes of a rental investment.