67 Seven Oaks Drive, Kinloch, Taupo

Nestled at the serene end of Seven Oaks Drive, this vacant residential plot on 1,222sqm of freehold land presents a golden opportunity for strategic investment. With the potential for generous building dimensions and the convenience of a level contour, it's designed to minimize setbacks and accommodate a two-story structure if desired. The property, valued at $515,000 according to the latest government valuation, has seen a significant increase from its last sale price of $405,000 in 2023, indicating a promising capital value growth. The HouGarden AVM estimates the property's worth at $520,000, echoing the market's optimism. This parcel of land, in a quiet cul-de-sac, is not only an ideal site for a family home but also borders NZ native bush and is in close proximity to the lake, with the K2K track just across the road.

Recent sale history shows a sale in 2024 for $495,000, highlighting the property's rising value. The capital value growth percentage is a testament to the area's desirability and potential for future appreciation. The site's strategic position and the absence of complications in construction make it a stand-out choice among investment opportunities.

For families with school-aged children, the property falls within the zones of Marotiri School, a full primary with a decile rating of 6, and Taupo-nui-a-Tia College, a secondary school with a decile rating of 5. This combination of location, potential for growth, and access to quality education makes this property a compelling choice for both investors and families.

Updated on September 04, 2024