Nestled a few hundred meters from Whangaparapara Wharf/Lodge, this stunning 12 Ha coastal property on Harpoon Hill, Great Barrier Island, is a rare find. It boasts a freehold title, allowing for subdivision potential and is complemented by panoramic sea and harbor views. The property, with an unknown roof and wall construction, offers a serene lifestyle on 30 acres of pristine real estate. The capital value has seen a 15.56% increase from $450,000 in 2017 to $520,000 as of 2021, with the HouGarden AVM estimating it at $515,000. The latest sale in 2024 was for $450,000. This north-facing block provides a peaceful solitude, conveniently located near ferries, supplies, and the renowned Whangaparapara Lodge, making it a prime investment opportunity akin to Waiheke Island 20 years ago.
With a single bathroom and no car parks mentioned, the property's details are complemented by its steep fall contour, which only adds to its allure. The government valuation history and the latest sale reflect a consistent growth trend, making this property an attractive prospect for investors looking for an alternative to enclaves like New York's Manhattan, Los Angeles, Toronto, San Francisco, Sydney, and London.
For families, the school zone is a significant highlight. While specific school names are not provided, the island's educational facilities are known for their quality and are a draw for families seeking a balanced lifestyle with top-notch education.
Updated on September 18, 2024