Located at 66 Puataata Road, Turangi, Taupo, this residential dwelling offers a unique opportunity for first home buyers, investors, or those looking to add value to a solid property. The house, built in 1960, features three bedrooms, a separate kitchen, dining/lounge area, bathroom with a separate toilet, and laundry facilities. Covering a floor area of 106sqm and sitting on a freehold land area of 597sqm, the property boasts average condition wood walls and iron roofing. Additional features include covered decking, a fully fenced yard, and the security of a lock-up garage. The property's level contour enhances its appeal.
The property has seen a significant increase in capital value, from $237,000 on July 1, 2019, to $415,000 on July 1, 2022, marking a 75.11% increase. The latest HouGarden AVM estimates the property's value at $407,500. Its sale history reveals a purchase for $340,000 on November 23, 2023, and a previous sale for $140,000 on March 16, 2005. This property is currently priced well under its CV, presenting a lucrative investment opportunity.
While specific school zone information is not provided, the property's location in Turangi, Taupo, suggests access to local schools and amenities. Prospective buyers are encouraged to consider the educational opportunities in the area as part of their purchasing decision.
Updated on March 21, 2024.