196 Horahora Road, Hauraki Surrounds, Bay Of Plenty

Nestled on a serene 8.2830 hectare lot at 196 Horahora Road, Hauraki Surrounds, Bay Of Plenty, this freehold property presents a unique opportunity to build your dream home. Bordered by the glistening Waikato River and with a view of the Piarere Ski Club, it offers a level contour ideal for water sports enthusiasts. The property, which includes a shed suitable for boats and facilities for horse lovers, has a current Capital Value (CV) of $1,610,000, unchanged since 2018. The HouGarden AVM estimates a value of $1,465,000, while the latest sale in 2017 was for $1,100,000. With potential for subdivision and easy access to Cambridge, Matamata, Tirau, and just two hours from Auckland, this property is a gem for those seeking a lifestyle by the lake.

Despite no increase in CV, the property’s potential is clear with a prime building spot and a tranquil setting. The lack of a CV increase is offset by the stability and long-term investment potential of a freehold property in a sought-after area.

For families, the property falls within a desirable school zone. With excellent educational facilities nearby, this location is perfect for those who value a quality education for their children.

Updated on May 29, 2024