148 Te Heuheu Street, Taupo, Taupo

This spacious two-bedroom residence at 148 Te Heuheu Street, Taupo, offers a unique blend of convenience and potential, making it an attractive proposition for those looking to invest or find their next home. Constructed in the 1970s, the property features concrete walls and tile roofing, both in average condition, reflecting its era's robust building standards. With a generous floor area of 160 sqm and situated on a 1/2 share of a 920sqm cross-lease site, the home boasts a double garage, additional off-street parking, and a layout that includes a sunroom and two heat pumps for year-round comfort. The property's easy/moderate rise contour and mature plantings provide privacy and an inviting outdoor space.

From a financial perspective, the property has shown significant growth, with its capital value increasing from $481,000 in July 2019 to $780,000 in July 2022, marking a 62.16% rise. The HouGarden AVM estimates its value at $770,000. Historical sales data reveals a steady appreciation, with transactions recorded at $130,000 in February 1994 and $290,000 in December 2010.

Education-wise, the property falls within the zone for Taupo-nui-a-Tia College, a secondary school with a decile rating of 5, offering a balanced educational environment for students. This residence's location combines the tranquility of a lakeside community with the convenience of being just a short stroll from town essentials, making it ideal for a variety of potential owners, from downsizers to those seeking a central holiday home.

Updated on March 21, 2024.