Nestled in the serene Wharewaka, Taupo, at 34 Maunganamu Drive, this residential dwelling is a prime example of modern living. Built in 2022 with a freehold title, the property boasts 3 bedrooms, 2 carparks, and a spacious floor area of 169sqm on a levelled 524sqm land. The exterior is gracefully crafted with wood and iron, both walls and roof in good condition. The capital value has seen a remarkable increase of 66.67% from $630,000 in 2019 to the current $1,050,000 as of July 2022. The latest HouGarden AVM estimates the property at $1,025,000, closely matching the sale price of $1,025,000 on July 5, 2024. The property is in the catchment of Waipahihi School, a contributing school with a decile rating of 7.
With a CV growth that speaks volumes about its investment potential, this property has been appraised not just for its structure but also for the lifestyle it promises. The latest sale history and AVM reflect a strong market confidence in this property's value. The strategic location and the potential for further value addition make it an attractive proposition for both investors and families.
For families with children, the school zone is a significant plus. Waipahihi School's rating ensures quality education within a convenient distance. This, coupled with the property's modern amenities and the prospect of being in a rapidly appreciating area, makes it an ideal choice for those seeking a sound investment in both real estate and education.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | 107m2 | Year 2024 Month 10 Day 08 | - | Council approved | |
 | 0.27 km | 4 | 2 | 177m2 | Year 2024 Month 08 Day 09 | $925,000 | Council approved | |
0.18 km | 0m2 | Year 2024 Month 07 Day 17 | $949,530 | Council approved | ||||
 | 0.24 km | 3 | 2 | 162m2 | Year 2024 Month 06 Day 21 | $880,000 | Council approved | |
 | 0.29 km | 4 | 179m2 | Year 2024 Month 06 Day 19 | $950,000 | Council approved |