3/9 Pihanga Street, Taupo, Taupo

Nestled in a private rear section of Pihanga Street, Taupo, lies this charming 1-bedroom, 1-bathroom residence with a distinct cottage ambiance. Constructed in 1980 with iron walls and roof, this average-conditioned home exudes originality. It boasts an open-plan living and kitchen area with a wood-burning fireplace, pitched ceilings, and an abundance of natural light from the original timber-framed windows and doors. The property, with a floor area of 64m2, is set on a 1/3 share of 1133m2, and includes a carpark. It is owned under a Cross-Lease title. The government's capital value has seen a remarkable increase from $308,000 in 2019 to $510,000 in 2022, reflecting a growth of 65.6%. HouGarden AVM estimates the property at $475,000. Notably, the latest sales were recorded at $205,000 in 2016 and $173,000 in 2007. This home is located in the catchment area of Taupo-nui-a-Tia College, a secondary school with a decile rating of 5.

With a north-facing window ensuring all-day sunshine, the potential for additional spaces like a reading room or a second bedroom is inviting. The updated bathroom features a shower and vanity, with a separate toilet, and the converted garage offers versatile space. The fully fenced section provides ample room for vegetable gardens, children's play, or pets to roam. This property is priced to sell at $449,000, offering both a solid investment and a cozy home in a desirable school zone.

Perfectly positioned to meet the market, this property is an ideal blend of comfort, potential, and convenience, making it an attractive opportunity for both homeowners and investors.

Updated on June 21, 2024