Nestled on the banks of the Waikato River, this 4-bedroom, 138m² villa on a 1217m² freehold section at 64 Great South Road, Taupiri, presents a unique opportunity. Constructed in 1921 with wood walls and an iron roof, both in average condition, this property features a working coal range, heat pumps, and three living areas. The CV has remained stable at $690,000 since 2023, with a HouGarden AVM of $685,000. The property includes a riverside cottage, perfect for guests or as a rental, and a large garage for up to three cars. Set in a quiet cul-de-sac, the Taupiri School (Decile 3) is within the zone. Once a deceased estate, this property invites restoration and offers potential for subdivision or relocation.
With a latest sale in 1994 at $84,000, the capital value has seen a significant increase. The property's contour allows for easy/moderate fall, adding to its charm. This is not just a home; it's a piece of history waiting to be rediscovered and brought back to its former glory.
For families with school-age children, the property falls within the Taupiri School zone, a full primary school with a decile rating of 3. Here's a chance to secure a slice of riverside paradise, rich in potential and history.
Updated on November 15, 2024