First National Roper & Jones Maungaturoto
Real Estate Agents
First National Roper & Jones Maungaturoto
143 Hurndall Street West
Maungaturoto 0520
Maungaturoto 0520
First National Roper & Jones Dargaville
110 Victoria Street
Dargaville 0310
Dargaville 0310
- Listing #:
- L26931417
- Listed:
- 45 days ago
$495,000
Landbank or Build Opportunity Maungaturoto
Lot 1 / Matai Drive, Maungaturoto, KaiparaOther
-
- 1.4 Hectares Land Area
About this property
A 1.4774sqm Section in a new established, and growing Subdivision, short walking distance to Town, cafe's, shops, services, and schools.(18 Lots have previously been sold off the wider subdivision, 16 Lots built on and lived in.
With the new Northern Motorway, it is now a 1hr commute from Kaiwaka (15 mins from Maungaturoto) to Auckland, and only 30mins from Maungaturoto to the beautiful Beaches of Mangawhai.
Mangawhai has doubled in population since 2006 (now the largest town in Northland), and both Mangwahai and Kaiwaka Property prices have escalated as a result. Maungaturoto is the 'hidden gem' ready to absord the inbound traffic of those wishing to benefit from the growth of the wider area and the benefits the wider area holds, but at a more affordable price.
From an investment and preservation of value perspective, there will come a time when
Matai Drive will become a Public road Vested in Council, enabling future subdivison, as planned, upon which, subdivison down to 600sqm will be allowed. Thereby, if building is your intention, you can apply siting of a house, enabling further subdivison when that opportunity arises. Other houses on Matai drive are of CVs around $1M. As the subdivision builds out, as has happened already, properties on this subdivison will steadily increase.
This section stands as a safe and secure investment. Location, views, price, size, future added value.
Maungaturoto is a 'lifestyle' based mix of a rural environment, with all that offers, and a positively growing and changing environment, as the Town grows absorbing 'new entrants', especially from Auckland.
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