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1/49 Mere Road, Taupo, Taupo, 3 Bedrooms, 0 Bathrooms, House

Sold: $806,000

Sold on 2024 Year 2024 Month 02 Day 02

1/49 Mere Road, Taupo, Taupo

3
150m2

Located at 1/49 Mere Road, Taupo, this residential dwelling is a testament to solid construction and convenient living. Built in 1992, the property features a mix of materials for the walls and an iron roof, both in average condition. It spans a floor area of 150 square meters and is situated on a level, compact section. The house is a cross-lease title and comprises three bedrooms, a spacious double garage with a workshop, and is complemented by established gardens. Its central location is ideal for investors, downsizers, and first home buyers, offering the benefits of proximity to the town centre and lake.

The property has seen a significant increase in capital value, from $535,000 on July 1, 2019, to $855,000 on July 1, 2022, marking a 59.81% growth. The latest sale was recorded on February 2, 2024, for $806,000, up from $250,000 on August 1, 2003. The HouGarden AVM estimates the property's value at $820,000. This estate liquidation presents a unique opportunity for astute buyers to acquire a property with potential for personalization and value addition.

Education is well catered for, with the property being in the zone for Hilltop School (decile 9, Full Primary) and Taupo-nui-a-Tia College (decile 5, Secondary Year 9-15), ensuring quality schooling options for families. The home's location offers an easy stroll to the lakefront and town centre, making it a must-view for those valuing convenience and lifestyle.

Updated on April 05, 2024.

Council Data

Last update : 2024 07 03
Improvement value$420,000Increased by 61% from year 2019
Land value$435,000Increased by 58% from year 2019
CV(Year 2022 Month 07)$855,000Increased by 59% from year 2019
View typeNo appreciable view
ContourLevel
Floor area150m²
Decade of construction1992
TitleSA57A/130
Type of titleCross-Lease
Legal descriptionLOT 2 DPS 3638 FLAT 2 DPS 70235
CouncilTaupo
Estate descriptionFSIM,1/2,LOT 2 DEPOSITED PLAN SOUTH AUCKLAND 3638,966m2
ConstructionExternal Walls: Mixed Materials Roof: Iron
ConditionExternal Walls: Average Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Hilltop School
0.90 km
Primary
1-8
Government
Co-Educational
EQI: 423
9
Taupo-nui-a-Tia College
1.64 km
Secondary
9-15
Government
Co-Educational
EQI: 464
5

Property history

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For developers

Unitary plan:-
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.13 km
3
117m2
Year 2024 Month 04 Day 05
$810,000
Council approved
0.14 km
4
160m2
Year 2024 Month 03 Day 13
$795,000
Council approved
1/59 Mere Road
0.23 km
3
1
145m2
Year 2024 Month 01 Day 26
$775,000
Council approved
0.15 km
3
125m2
Year 2024 Month 01 Day 26
$921,000
Council approved
22 Rahui Road
0.08 km
5
3
370m2
Year 2024 Month 01 Day 26
$1,205,000
Council approved

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