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139 Palmer Mill Road, Wairakei and Surrounds, Taupo, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 14

139 Palmer Mill Road, Wairakei and Surrounds, Taupo

3
218m2
12200m2

Nestled on a serene cul-de-sac at 139 Palmer Mill Road, Wairakei and Surrounds, Taupo, this Freehold property boasts a capital value that has surged by 56.68% over the past three years. Constructed in 2006 with mixed materials for the walls and iron for the roof, this 218sqm residence sits on a 12,200sqm section with an easy-to-moderate fall contour. It features 3 bedrooms, 2 bathrooms, and a generous allocation of 5 carparks. The property's government valuation as of July 2022 stands at $1,465,000, a significant increase from the $935,000 valuation in July 2019. The HouGarden AVM estimates the property's worth at $1,357,500, while the latest sales were recorded at $537,000 in 2011 and $90,000 in 2002.

With a CV increase that outpaces the market average, this property is a wise investment. It is complemented by its location within the decile 5 school zones for both Wairakei School and Taupo-nui-a-Tia College, ensuring quality education for the family. The residence, meticulously maintained, offers a luxurious haven with two living areas, an office, and a double garage with internal access. Outside, a 3-acre paradise awaits, with manicured gardens, a tranquil pond, and fruit trees, perfect for nature enthusiasts.

Not only is this property a gem in terms of value appreciation and lifestyle, but it also provides unparalleled convenience with easy access to SH1 and SH5. This address is more than just a home; it's an opportunity to secure a slice of paradise in the heart of Wairakei.

Updated on June 14, 2024

Council Data

Last update : 2024 12 11
Improvement value$925,000Increased by 50% from year 2019
Land value$540,000Increased by 68% from year 2019
CV(Year 2022 Month 07)$1,465,000Increased by 56% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area12200m²
Floor area218m²
Decade of construction2006
Title68025
Type of titleFreehold
Legal descriptionLOT 6 DP 317349
CouncilTaupo
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 317349
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wairakei School
3.23 km
Primary
1-6
Government
Co-Educational
EQI: 447
5
Taupo-nui-a-Tia College
10.36 km
Secondary
9-15
Government
Co-Educational
EQI: 464
5

Property history

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For developers

Unitary plan:-
Land:12200m²
Title:Freehold

Palmer Mill Road Neighborhood and Surrounding Data

Mortgage

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Sold date
Sold
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$535,000
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