1/78 Tonga Street, Taupo, Taupo

Nestled in a peaceful cul-de-sac, this well-presented family home boasts 3 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 100 square meters. Constructed in 1977 with fibrous cement walls and an iron roof, this cross-lease property at 1/78 Tonga Street, Taupo, offers a low-maintenance lifestyle with an average condition exterior and a level contour. The property has seen a significant Capital Value (CV) increase of 69.93% from $306,000 in 2019 to the current $520,000 as of 2022. The HouGarden AVM estimates the value at $525,000, closely matching the latest sale price of $515,000 in 2024, up from $309,000 in 2019.

With a decile rating of 5, the nearby Taupo-nui-a-Tia College provides secondary education for years 9 to 15. The residence, with its freshly painted interior, new carpets, and drapes, is perfect for a family looking to settle in a prime school zone. The fully fenced backyard and the sunny rear deck are ideal for children to play and for hosting summer barbeques, while the proximity to the town center and local schools adds to the convenience.

Not only is this property a winner in terms of space and parking, but it also holds great potential for further value appreciation, making it an attractive investment opportunity in the heart of Taupo.

Updated on September 04, 2024