85 Marina Terrace, Kinloch, Taupo

This versatile gem located at 85 Marina Terrace, Kinloch, Taupo, is a must-see for those seeking a lock-n-leave property near the Kinloch marina, local store, and lakefront. The residence boasts three bedrooms, two bathrooms, and accommodates two cars. With a floor area of 103 square meters and sitting on a generous 810 square meter freehold land, this property, built in 1974, features wooden walls and an iron roof, both in average condition. The level contour of the property adds to its appeal, making it a perfect family home or holiday retreat.

Over the years, the property has seen significant capital value growth, from $590,000 in July 2019 to $1,000,000 in July 2022, marking a 69.49% increase. The HouGarden AVM estimates its value at $960,000. Historical sales data shows a sale at $318,000 in May 2013 and $378,000 in April 2004, highlighting the property's appreciating value. This home, with its modern design, ample storage, and extra living space in the garage, is priced to sell.

Education is well catered for, with Marotiri School (Full Primary, decile 6), Wairakei School (Contributing, decile 5), and Taupo-nui-a-Tia College (Secondary Year 9-15, decile 5) serving the area. This property offers a great lifestyle with its proximity to schools and local amenities, making it an ideal choice for families or investors.

Updated on April 06, 2024.