Nestled in the tranquility of a quiet cul-de-sac at 2 Toi Grove, Turangi, Taupo, this 1960-built residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 72sqm floor area is complemented by a fair-conditioned fibrous cement exterior and iron roof, sitting on a level 569sqm section. The property's government valuation has seen an impressive 80% increase from $200,000 in 2019 to $360,000 as of 2022, indicating a rapid capital value growth. The latest sale history points to a sale price of $265,000 in 2024 and $145,000 in 2007, with the HouGarden AVM estimating the property's worth at $342,500.
With a keen vendor ready to make a deal, this property presents a solid investment opportunity, currently tenanted by long-term renters. The home features timber flooring, a centrally located woodburner, a galley-style kitchen, and a generous single garage with additional carport. It meets all Healthy Homes standards, making it an ideal first home or addition to a rental portfolio.
For families, the property falls within a desirable school zone, with excellent educational facilities and a high decile rating, ensuring a quality education for children.
Updated on April 24, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 3 | 1 | 72m2 | Year 2024 Month 07 Day 31 | $355,000 | Council approved | |
 | 0.22 km | 2 | 1 | 69m2 | Year 2024 Month 07 Day 29 | $230,000 | Council approved | |
 | 0.34 km | 3 | 125m2 | Year 2024 Month 07 Day 03 | $361,000 | Council approved | ||
 | 9.49 km | 3 | 1 | 95m2 | Year 2024 Month 07 Day 02 | $380,000 | Council approved | |
 | 0.33 km | 3 | 1 | 80m2 | Year 2024 Month 07 Day 02 | $390,000 | Council approved |