1 Manuka Terrace, Mangakino, Taupo

Nestled on a generous 696 sqm section at 1 Manuka Terrace, Mangakino, Taupo, this versatile garage presents a unique opportunity. It features aluminium windows, a bifold door, a bathroom, and both power and gas hot water heating. The property, held under the freehold title, offers level contours and boasts lake views along with fruiting trees. The potential here is immense, making it an ideal choice for permanent residency or a holiday retreat, mere minutes away from the lake, local amenities, and recreational facilities. With a current Capital Value (CV) of $270,000, an increase of 88.8% from the previous valuation in 2019, and an estimated value of $265,000 by HouGarden AVM, this property is a sound investment. The motivated vendor has it priced right, with TDC rates at $2492.81 per annum.

History shows a significant rise in the property's value, reflecting a growing market confidence. The recent sale history marks it as a highly sought-after gem in the area.

For families, the school zone is another highlight. With top-rated institutions nearby, this property is not just a home but a stepping stone to quality education.

Updated on August 13, 2024