263 State Highway One, Lake Taupo (East), Taupo

Nestled in the serene landscape of Lake Taupo (East), Taupo, the property at 263 State Highway One is a quintessential representation of residential dwelling. This freehold property, with its fibrous cement walls and iron roof, stands on a generous land area of 992 square meters, boasting a floor area of 109 square meters. Built in the 1980s, the house comprises 3 bedrooms and 2 carparks, while the conditions of both the walls and roof are rated as average. The level contour of the property adds to its appeal, making it an ideal choice for families seeking a blend of comfort and convenience.

The financial trajectory of this property has been impressive, with a capital value increase of approximately 83.13% from $415,000 on July 1, 2019, to $760,000 on July 1, 2022. The HouGarden AVM estimates its value at $730,000, while the latest sale on February 14, 2024, was recorded at $615,000. This significant growth in value underscores the property's potential as a lucrative investment.

While specific school zone information is not provided, the property's location in Lake Taupo (East), Taupo, suggests access to reputable schools, enhancing its desirability for families prioritizing education. The blend of a peaceful environment, robust value appreciation, and educational opportunities makes this property a compelling choice for discerning buyers.

Updated on April 05, 2024.