2/153 Spa Road, Taupo, Taupo

Nestled in the heart of Taupo, this charming 1980s home at 2/153 Spa Road offers a perfect blend of convenience and potential. With 2 bedrooms, 1 bathroom, and a single carpark, it stands on a level contour with fibrous cement walls and an iron roof in average condition. The 70sqm floor area is complemented by a woodfire and a sunny deck, ideal for easy single-level living and open-plan entertaining. The property, with a CV of $495,000 as of July 2022, has seen a remarkable 65.6% increase since 2019. The HouGarden AVM estimates it at $485,000, while the latest sales were at $505,000 in 2024 and $484,000 in 2023. It falls within the decile 5 school zones of Taupo School and Taupo-nui-a-Tia College, making it an attractive option for young families or investors.

With a cross-lease ownership type, this property presents a golden opportunity for investors or those seeking an Airbnb venture. It's not just an investment; it's a chance to own a piece of tranquility in a location that's a short drive from Lake Taupo and close to cafes, restaurants, and shops. The established gardens and compact lawn, with fencing suitable for children or pets, complete the package, making it a must-see for those looking to climb the property ladder or expand their rental portfolio.

For those with an eye on education, the property is within a highly-rated school zone. Taupo School, a contributing school, and Taupo-nui-a-Tia College, a secondary school, both have a decile rating of 5. This ensures access to quality education for families with children of all ages. Investors, wake up to the potential of this property – it's not to be missed.

Updated on August 28, 2024