11 Neinei Place, Wharewaka, Taupo

Nestled on a level plot at 11 Neinei Place, Wharewaka, Taupo, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms and bathrooms are not available, the property presents a blank canvas with a land area of 771 square meters. The construction details of the walls and roof remain unknown, but the property's contour is flat, potentially simplifying any future building plans. Currently, the HouGarden AVM estimates the property's value at $432,500, which aligns closely with the latest sale prices of $440,000 recorded on July 2nd and June 25th, 2024.

As for the government's capital value assessment, it stands at $440,000 as of July 1st, 2022, indicating a stable and consistent market worth. The lack of a significant increase in the CV over a short period suggests a mature market with steady growth prospects.

For families with children, the property falls within a desirable school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, adding further value to this vacant lot.

Updated on August 21, 2024