Nestled at 7/256 Spa Road, Tauhara, Taupo, this Industrial - Service property is governed by a Unit Title. Constructed in 2017 with iron for both the roof and walls, it boasts a level contour and a well-maintained exterior. The building's floor area spans 120 square meters, and it enjoys a capital value increase of 58% from $250,000 in 2019 to $395,000 as of 2022. Notably, the property's HouGarden AVM stands at $367,500, with the latest sale recorded at $365,000 in 2024, a significant jump from the $225,500 sale in 2017.
Reflecting a promising investment, the property's capital value growth is a testament to its appeal. The latest sale price and the HouGarden AVM indicate a healthy market value, making it an attractive opportunity for potential buyers.
For families with educational considerations, the property falls within the catchment area of Taupo-nui-a-Tia College, a secondary school catering to Year 9-15 students with a decile rating of 5. This ensures access to quality education in a desirable school zone.
Updated on May 08, 2024