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68 Otake Road, Marotiri, Taupo, 4 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $1,200,000

Sold on 2024 Year 2024 Month 06 Day 24

68 Otake Road, Marotiri, Taupo

4
227m2
41118m2

Nestled in a serene cul-de-sac at 68 Otake Road, Marotiri, Taupo, this stunning 4-bedroom, 2-car park property is a freehold haven on 4.1118 hectares of land. Constructed in 2023 with a mix of materials for the walls and iron for the roof, this home is in a good condition both inside and out. The property has seen a remarkable Capital Value (CV) increase of 4.73% from $255,000 in 2019 to $1,460,000 as of July 2022. The latest sale was in 2020 for $325,000, while the current HouGarden AVM estimates it at $1,342,500. The home boasts a floor area of 227 square meters and is equipped with a heat pump for comfort.

With a property contour that offers an easy to moderate fall, this residence is perfect for those seeking a lifestyle with improved amenities. The CV growth is a testament to the property's appeal and investment potential. The urgency in sale presents a unique opportunity for buyers to secure this property, with immediate possession available and the owners ready to negotiate.

For families, the property falls within the decile 6 Marotiri School and the decile 5 Taupo-nui-a-Tia College zones, ensuring quality education for all ages. Whether you seek tranquility, space for equestrian pursuits, or a base for your family's academic endeavors, this property is a rare find that promises a harmonious lifestyle.

Updated on June 24, 2024

Council Data

Last update : 2024 12 11
Improvement value$890,000
Land value$570,000Increased by 123% from year 2019
CV(Year 2022 Month 07)$1,460,000Increased by 472% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area41118m²
Floor area227m²
Decade of construction2023
Title969025
Type of titleFreehold
Legal descriptionLOT 4 DP 555790
CouncilTaupo
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 555790
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Marotiri School
9.92 km
Primary
1-8
Government
Co-Educational
EQI: 459
6
Taupo-nui-a-Tia College
17.83 km
Secondary
9-15
Government
Co-Educational
EQI: 464
5

Property history

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For developers

Unitary plan:-
Land:41118m²
Title:Freehold

Otake Road Neighborhood and Surrounding Data

Mortgage

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Distance
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Floor area
Sold date
Sold
Data source
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-m2
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2
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