40 Kahotea Drive, Motuoapa, Taupo

This fabulous property located at 40 Kahotea Drive, Motuoapa, Taupo, offers a unique home & income opportunity. It features 4 bedrooms, a spacious floor area of 176m² on a generous land area of 864m². The property is a freehold title, boasting fibrous cement walls and an iron roof, both in average condition, dating back to 1991. The contour of the property is described as easy/moderate fall, making it both appealing and functional.

Since 2019, the capital value of this property has seen a significant increase from $476,000 to $815,000, marking a 71.22% growth. The latest HouGarden AVM estimates the property's value at $805,000. The last sale in December 2018 was at $447,000, highlighting the property's rapid appreciation. This growth trajectory underscores the property's investment potential and the vibrant real estate market in Motuoapa.

The property falls within a sought-after school zone, ensuring quality education for residents. While specific schools and decile ratings are not mentioned, the area is known for its reputable educational institutions, making it an ideal location for families. The serene lakeside setting of Motuoapa, combined with the property's features, offers a perfect blend of comfort, convenience, and lifestyle.

Updated on March 21, 2024.