Six months ago you could buy a property in this village (a mere 40 minutes from Richmond) from $200 to $250,000. Over the last 3 or 4 months there has been a continual escalation in property prices... recent sales in Tapawera (and on this street) have seen prices skyrocket to anywhere from $300 to $350,000.
This is only the beginning! As more purchasers get priced out of the regions traditional first home markets and turn their attention to this undiscovered gem, you've got to feel confident that the strength of prices will continue to grow.
An easy to live in 3 bedroom home with garage plus sleepout/studio situated on a large 915 m2 private, flat and sunny section, and located adjacent to a massive reserve.
This property is priced sharply by comparison to other sales in the immediate area, which means this is your chance to get into the property market.
Give yourself a chance, take a drive!
Tender (unless sold prior), closes 9 February 2017
Vendor Reserve $298,000
What is a Vendor Reserve? Just like an auction, the vendor nominates and agrees to sell the property at a reserve price on the day of tender (as long as the tender is cash unconditional and at a price equivalent to or higher than the vendor reserve). The process allows for purchasers to make an offer prior to the tender date. The advantages to the purchasers - they have the benefit of an accurate guide on the vendor's price expectations.