Nestled at 7/256 Spa Road, Tauhara, Taupo, this Industrial - Service property is governed by a Unit Title. Constructed in 2017 with iron for both the roof and walls, it boasts a level contour and a well-maintained exterior. The building's floor area spans 120 square meters, and it enjoys a capital value increase of 58% from $250,000 in 2019 to $395,000 as of 2022. Notably, the property's HouGarden AVM stands at $367,500, with the latest sale recorded at $365,000 in 2024, a significant jump from the $225,500 sale in 2017.
Reflecting a promising investment, the property's capital value growth is a testament to its appeal. The latest sale price and the HouGarden AVM indicate a healthy market value, making it an attractive opportunity for potential buyers.
For families with educational considerations, the property falls within the catchment area of Taupo-nui-a-Tia College, a secondary school catering to Year 9-15 students with a decile rating of 5. This ensures access to quality education in a desirable school zone.
Updated on May 08, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
---|---|---|---|---|---|---|---|---|
Taupo-nui-a-Tia College | 1.25 km | 中学 | 9-15 | 公立学校 | 男女混校 | EQI: 464 | 5 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.13 km | 2 | 0m2 | Year 2024 Month 03 Day 27 | $585,000 | Council approved | |||
0.16 km | 3 | 1 | 74m2 | Year 2024 Month 03 Day 23 | $630,000 | Council approved | ||
0.14 km | 3 | 1 | 96m2 | Year 2024 Month 03 Day 09 | $610,000 | Council approved | ||
0.31 km | 5 | 290m2 | Year 2023 Month 12 Day 14 | $880,000 | Council approved | |||
0.15 km | 3 | 1 | 68m2 | Year 2023 Month 11 Day 24 | $680,000 | Council approved |