Nestled in the serene Tamamutu Street of Taupo, this 2-bedroom, 1-bathroom residential dwelling is a prime freehold property. Constructed with quality wood walls and iron roofing, this level-contoured home built in 2023 is in good condition both inside and out. It offers a floor area of 56 square meters on a generous 269 square meter section, currently utilized as a lucrative Airbnb rental, generating approximately $1,000 in weekly income. The property's Capital Value (CV) as of July 2022 stands at $580,000, reflecting a promising investment growth potential.
With a HouGarden AVM of $552,500 and the latest sale recorded on March 8, 2024, at $550,000, this property has shown a steady increase in value. The capital value growth percentage is a testament to the investment wisdom in securing this property. It's not just a home but a smart investment choice.
For families, the property falls within the catchment area of esteemed schools. Taupo-nui-a-Tia College, a secondary school with a decile rating of 5, and Hilltop School, a full primary school with a decile rating of 9, are among the top-notch educational institutions in the zone. This combination of location, property condition, and school network makes it an unbeatable choice for both living and investment purposes.
Updated on April 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 4 | 3 | 214m2 | Year 2025 Month 01 Day 15 | - | Council approved | |
 | 0.19 km | 4 | 118m2 | Year 2024 Month 11 Day 11 | $672,000 | Council approved | ||
0.06 km | 3 | 170m2 | Year 2024 Month 11 Day 04 | $840,000 | Council approved | |||
 | 0.03 km | 4 | 114m2 | Year 2024 Month 10 Day 18 | $695,000 | Council approved | ||
 | 0.31 km | 2 | 1 | 67m2 | Year 2024 Month 10 Day 09 | $655,000 | Council approved |