Nestled in the charming locale of Nukuhau, Taupo, at 2/22 Kaiuru Street, this residential dwelling is a gem on the market. The 2-bedroom, 1-carpark home, built in 1986, stands out with its roughcast walls and tiled roof, exuding a warm, inviting ambiance. It sits on an easy/moderate rise contour, ensuring a pleasant outlook and optimal natural light. The property is under a Cross-Lease title, offering a unique ownership experience.
With a current Capital Value (CV) of $800,000, this property has seen a remarkable increase of 61.62% since 2019. The HouGarden AVM estimates it at $765,000, while the latest sale history shows a sold price of $622,500 in 2024, demonstrating the property's consistent growth. The previous sale in 1999 was at $187,000, illustrating the long-term investment potential.
For families with school-aged children, the property falls within the zones of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5. The convenient location, within walking distance to shops, schools, and the CBD, further enhances the appeal of this property. Whether you seek a starter home, a place to downsize, or a solid investment, this property is a golden opportunity waiting to be seized.
Updated on April 10, 2024