50 Harvey Street, Waipahihi, Taupo

Nestled in the serene neighborhood of Waipahihi, Taupo, the property at 50 Harvey Street is a quintessential example of potential meeting opportunity. This residential dwelling, built in 1980, spans a generous floor area of 160sqm and is situated on a sprawling 1009sqm Freehold site. The house comprises three bedrooms and offers the convenience of two car parks. Its construction features plastic walls and tile roofing, both in average condition, indicating a canvas ready for transformation. The level contour of the property further accentuates its appeal, promising ease in any renovation or rebuilding endeavors.

The financial trajectory of this property has been impressive, with its capital value escalating from $610,000 in July 2019 to $995,000 in July 2022, marking a 63.11% increase. This growth is underscored by a HouGarden AVM estimate of $980,000, reflecting its desirability and potential for further appreciation. The property's history and valuation paint a picture of a solid investment, ripe for the taking.

Education is a cornerstone of the Waipahihi community, and 50 Harvey Street falls within the zones of two esteemed schools - Hilltop School and Waipahihi School, boasting deciles of 9 and 7, respectively. These institutions underscore the family-friendly nature of the area, making it an ideal setting for a home. With its stunning views of Lake Taupo and the mountains, coupled with its proximity to schools and amenities, this property is not just a house but a potential home brimming with promise.