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Sold: $585,000

Sold on 2024 Year 2024 Month 03 Day 27

25b Karamu Street, Taupo, Taupo

2
1
65m2
208m2

Nestled in the tranquility of 25b Karamu Street, Taupo, this residential vacant land boasts a freehold title, offering a leveled property contour ideal for building your dream home. With 2 bedrooms and an undefined number of bathrooms, this property is situated on a generous 208 square meters of land. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable, as evidenced by its significant Capital Value (CV) increase from $95,000 in 2019 to $265,000 in 2022, showcasing a growth rate of 1.79%. Furthermore, the property's HouGarden AVM stands at $255,000, with the latest sale recorded on March 27, 2024, at $585,000.

Regarding the government's valuation history, the property has shown a consistent and impressive rise in value. The recent sale history further solidifies the investment potential of this land. With a CV increase percentage that outpaces the norm, this property is a golden opportunity for any buyer looking to capitalize on a thriving real estate market.

For families with educational considerations, the property falls within the school zone 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 community that values academic excellence.

Updated on April 25, 2024

Council Data

Last update : 2025 02 19
Improvement value$240,000
Land value$265,000Increased by 178% from year 2019
CV(Year 2022 Month 07)$505,000Increased by 431% from year 2019
View typeNo appreciable view
ContourLevel
Land area208m²
Floor area65m²
Decade of construction2024
Title1010628
Type of titleFreehold
Legal descriptionLOT 3 DP 565614
CouncilTaupo
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 565614,208m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Taupo-nui-a-Tia College
1.08 km
Secondary
9-15
Government
Co-Educational
EQI: 464
5

Property history

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Unitary plan:-
Land:208m²
Title:Freehold

Karamu Street Neighborhood and Surrounding Data

Mortgage

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