Located at 8b John Street, Tauhara, Taupo, this freehold property presents a unique opportunity for first home buyers and investors alike. With a floor area of 105m² and sitting on a 487m² piece of land, the property features 3 bedrooms and a well-maintained wood and iron construction dating back to 1960. The house boasts an average condition for both its wood walls and iron roof, set on a contour that presents an easy to moderate fall, making it both charming and practical. The open-plan kitchen, dining, and living area, complemented by French doors leading to the deck, creates a seamless indoor-outdoor flow perfect for entertaining. The property is fully fenced, offering a low-maintenance and secure environment for busy families.
Since its last sale at $435,000 on August 10, 2020, the property has seen a significant increase in its capital value, from $345,000 in July 2019 to $615,000 in July 2022, marking a 78.26% growth. This growth is supported by a HouGarden AVM of $602,500, highlighting the property's solid investment potential. Despite not having a specified price due to its auction sale nature, the property's value and appeal are evident through its historical performance and current market estimation.
The property is ideally located within walking distance to local schools, shopping centers, and playgrounds, making it an excellent choice for families. Its location in a desirable school zone further enhances its appeal, offering access to quality education and community amenities. This property is not just a house but a home ready to create memories for its new owners.
Updated on March 21, 2024.