213 Tauhara Road, Tauhara, Taupo

Nestled on a level plot at 213 Tauhara Road, Tauhara, Taupo, this Freehold property presents a rare opportunity with its dual-living potential. The site, sprawling across approximately 1,780sqm, is ripe for redevelopment or can be cherished as is. The main residence boasts three bedrooms, a large bathroom, and an open-plan living area with charming timber floors and high ceilings that flood the space with natural light. A wood burner ensures cozy winter nights. The secondary dwelling, a quaint cottage, features two bedrooms, a bathroom, and an open-plan kitchen and living space, with its own driveway and a sunny verandah that overlooks the golf course. Both homes are set amidst beautifully landscaped gardens, offering privacy and tranquility. This property, with a Capital Value (CV) of $335,000 as of July 2022, has seen a recent sale on June 26, 2024, for $260,000, indicating a potential growth trajectory. The HouGarden AVM estimates the property's value at $330,000, making it an attractive investment opportunity.

From a valuation perspective, the property has shown a steady increase in its CV over the years, reflecting a promising capital growth trend. The recent sale history and AVM provide a solid foundation for investors to consider the property's market potential. With the right compliance, it even offers the possibility of rental income, adding to its allure.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for the young ones. This, combined with the property's unique features and potential, makes it an appealing package for those seeking both a home and investment.

Updated on August 14, 2024