58 Te Hatepe Avenue, Taupo, Taupo

Nestled on over 800sqm of land, this charming residence at 58 Te Hatepe Avenue, Taupo, is a freehold property that boasts a serene lifestyle. Constructed in 1958 with fibrous cement walls and an iron roof, the home maintains an average condition both inside and out. It features 2 bedrooms, 1 bathroom, a single car park, and a floor area of 72sqm. The property's capital value has seen a remarkable increase of 92.79% from $402,000 in 2019 to $775,000 as of 2022. The latest sale was recorded at $800,000 in March 2022, with a HouGarden AVM estimate of $720,000. The home is situated in a level contour, and its open plan living, dining, and kitchen provide both space and warmth, enhanced by quality appliances and a breakfast bar. The central location offers easy access to a shopping center and is within walking distance to local schools, making it an ideal choice for families.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. The historical sales data shows a significant jump from $265,000 in 2010 to the latest transaction, indicating a consistent and substantial growth in value. The addition of 16 solar panels and a battery bank ensures low power bills, while the electric gate and tastefully built garden sheds add both convenience and aesthetic appeal.

For families with school-aged children, the property falls within a highly regarded school zone. The local schools are well-rated, ensuring a quality education for your kids. This home, with its combination of character, convenience, and growth potential, is truly like honey to a bee for any discerning buyer.

Updated on May 08, 2024