Embrace the potential of this 1184sqm (approx) of freehold land nestled in a serene cul-de-sac at 72a Upper Wainui Road, Raglan. The property, with an undefined roof and wall construction, offers a blank canvas for your dream home aspirations. Currently untamed, the land boasts an easy to moderate fall, providing a natural vantage point to capture the coastal charm of Raglan. The latest government capital value assessment remains unchanged at $600,000 since 2023, indicating a stable investment opportunity. HouGarden's AVM estimates the property's worth at $572,500, while the last sale in 2009 was for $760,000, highlighting a significant growth potential. This tranquil oasis is enhanced by its proximity to Raglan Area School, a composite institution with a decile rating of 4, ensuring quality education within the community.
Despite the absence of specific details regarding the number of bedrooms, bathrooms, or carparks, the land's potential is undeniable. The property's capital value has seen no increase, yet the allure of a treetop oasis in a sought-after location promises long-term value. With the freedom to design without restrictive covenants and the prospect of privacy and all-day sun, this is a unique chance to create a sanctuary amidst nature.
For families with educational considerations, the property falls within the catchment area of Raglan Area School, which caters to Year 9 to 13 students. This school's composite nature and decile rating reflect a commitment to educational excellence within the local community. Nature enthusiasts will appreciate the tracks leading through the reserve to a stream and the beach, offering a slice of paradise to call your own.
Updated on October 11, 2024