And
Your opportunity
Local context
Taupo has a population 24,700 swelling to in excess of 80,000 in the summer months. Popular during both the summer and winter months, our town has over time, become a destination. Considerably so after the onset of Covid, which showcased many opportunities for people to live and work remotely. Our largest pool of out of town purchasers are Aucklanders with 20-25% of our ‘viewers’ on TradeMe identifying as being from Auckland, and another 20-25% from other cities in NZ.
Taupo is one of the major growth centres in New Zealand, with infrastructure being upgraded to accommodate the increase in population.
Richmond Heights and Wharewaka will be essentially joined together with the development of this new subdivision and will be supported by a new shopping centre including a large Countdown supermarket.
Tremains exclusivity
At Tremains we offer you as our client ‘exclusivity’. We will not take on any other subdivisions greater than 6 sections for a mutually agreed time period. In addition to the 18 strong Tremains Team behind Leo and Kodie, Sothebys International Realty and Colliers International (also being a part of our group) will have access to bring buyers immediately giving you as our client triple effect in regards to marketing and selling the sections.
Commission
Commission rate to be negotiated between the parties at appropriate time.
Covenants
We have gone through the covenants in detail and believe that these are the best covenants we have seen in town. A set of covenants such as these will certainly make the sections even more saleable.
Our appraisal estimates
Based on the previously supplied Nga Roto Estate case study, our research indicates your lots are likely to sell as follows in today's market.
Stage One Lots 3, 37 –
(proposed two storey
Plot sizes from 500sqm
600sqm
Two
There are a mix of section sizes and potential for purchasers amongst both stages one and two. Eight sections allow for a two storey dwelling which gives a purchaser the opportunity to build for the views over the lake and mountain. We believe this should be reflected in valuing those sections.
There are two distinctive section size ranges – and based on historical data this has an effect on eventual sale price. For this reason we have broken the ranges down to reflect 500-600sqm plot sizes and 600sqm plus sizes.
43
lots) $340,000 - $380,000
to 600sqm $300,000 - $350,000 Plot sizes
plus $330,000 - $360,000 Stage
$330,000 - $360,000
Subdivision naming
Taupo is run in partnership with the Taupo District Council and the Tuwharetoa Maori Trust. In the last 10 years it’s noted that subdivisions seem to be named using Te Reo. In very recent times our street names have also been altered to reflect Te Reo.
Logo option #1
Name "Ata Mārama Ridge"
Significance
The morning/dawn light looking over the ridge
Logo option #2
Name "Mahana Park"
Significance
'Warmth', reflecting its position on the sunny side of the lake
Logo option #3
Name "Atāahua Park" Significance 'Beautiful/pretty' subdivision
Logo option #4
Name "Richmond Ridge" Significance
Position next to Richmond Heights
Logo option #5
Name "Glenpark" Significance
The subdivision sits atop a small glen
Logo option #6
Name "Silverlake Park" Significance
Close to the lake which shines silver all day
Leo Soden
027 257 7530
leo.soden@tremains.co.nz
Kodie Atkinson
021 215 6322
kodie.atkinson@tremains.co.nz
tremains.co.nz
Tremain Real Estate
Taupō Limited. Licensed Agent REAA 2008.