Nestled in the tranquility of 32 Moana Crescent, Mangakino, Taupo, this freehold property is a gem for any investor. Constructed in 1970 with fibrous cement walls and an iron roof, this 3-bedroom, 1-carpark home sits on a levelled 711sqm of land. The 110sqm floor area is well-insulated, and the average condition of both the walls and roof speak of solid, low-maintenance construction. It's not just a house; it's a Healthy Home, certified for your peace of mind.
Since 2019, the capital value has seen a staggering increase of 90.39%, from $281,000 to the current $535,000. The HouGarden AVM estimates it at $515,000, while the latest sales history shows a leap from $210,000 in 2018 to $435,000 in 2020, indicating a robust growth trend. This property is not just an investment; it's a smart investment with a boat shed thrown in for the owners' enjoyment.
For families with children, the school zone is a significant draw. The local schools are well-rated, promising a quality education for your kids. This property is not just a dwelling; it's a foundation for a bright future.
Updated on October 24, 2024