2 Norman Smith Street, Nukuhau, Taupo

This exceptional property located at 2 Norman Smith Street, Nukuhau, Taupo, presents a unique opportunity with its expansive 2,474 sqm land area. The freehold land is described as a 'Residential - Bare block', offering a blank canvas for potential owners to either design their dream home or develop it as an investment opportunity. Despite the unknown specifics regarding the wall and roof construction, the property's contour is described as having an easy/moderate fall, making it an ideal site for construction with its flat to sloping terrain.

Over the years, the property has seen a significant increase in its capital value, from $585,000 on July 1, 2019, to $930,000 on July 1, 2022, marking a 58.97% increase. The latest sale recorded on January 23, 2024, was at $840,000, following a previous sale at $460,000 on February 15, 2017. The HouGarden AVM estimates the property's value at $892,500, highlighting its potential as a lucrative investment.

The property falls within the school zones of Taupo School and Taupo-nui-a-Tia College, both of which have a decile rating of 5. This ensures access to quality education, making it an ideal location for families. Its proximity to the town center, shops, restaurants, and the Waikato river provides a blend of convenience and lifestyle, offering endless possibilities for leisure and recreational activities.

Updated on April 06, 2024.