Located at 31 Rutherfurd Lane (R.O.W.), Nukuhau, Taupo, this expansive property boasts 20 bedrooms and an unspecified number of bathrooms, complemented by 10 car parking spaces. Covering a floor area of 1060 square meters and sitting on a generous land area of 4714 square meters, this freehold property falls under the category of Residential - Apartments. Constructed in 1980, the building features wood wall construction and an iron roof, both in average condition. The property is level, making it easily accessible and user-friendly.
The property has seen a significant capital value increase, with the latest government valuation (CV) recorded at $2,970,000 as of July 2022. The HouGarden AVM estimates its value at $2,920,000, closely aligning with the CV. However, the property's value took a substantial leap in the latest sale, fetching $5,400,000 on November 7, 2023, indicating a robust capital value growth percentage.
Education is well catered for, with the property being zoned for Taupo School, a contributing school with a decile rating of 5, and Taupo-nui-a-Tia College, a secondary school (Year 9-15) also rated at decile 5. These schools provide a solid educational foundation, making this property an attractive option for families.