Nestled in the serene Whareroa Village, this charming 2-bedroom, 1-bathroom Lockwood holiday Bach, built in 1990, offers an inviting 65sqm of floor area. It sits on a generous 796sqm section with stunning views of Lake Taupo and the Rangitukua Cliffs. The property, with its Iron roof and Wood exterior, is Freehold, providing a secure investment. The Capital Value (CV) has seen a significant increase from $344,000 in 2019 to $550,000 in 2022, reflecting a growth rate of 59.88%. The HouGarden AVM estimates the property's worth at $535,000, while the latest sale was recorded at $500,000 in 2024, showing a consistent appreciation in value since the initial sale of $165,000 in 2001.
With a property contour that offers an Easy/Moderate Fall, and a location down a quiet ROW, there's potential for further development, such as adding a garage or granny flat. The Bach is in the Kuratau School zone, a Full Primary with a decile rating of 2, making it an attractive option for families. Its proximity to the lake, Whareroa stream mouth, and recreational amenities like boat ramps, jetties, and tennis courts, further enhance its appeal.
Whether you're seeking a holiday retreat or a sound investment in the heart of nature, this property in the picturesque Lake Taupo region is a perfect choice, offering a blend of tranquility, outdoor activities, and convenient access to the Whakapapa ski fields and cycle tracks.
Updated on August 28, 2024