Nestled at 56 Raywood Crescent, Tauhara, Taupo, this industrial warehousing property is set on a freehold site with a land area of 377 square meters and a floor area of 200 square meters. Constructed in 2016, the property boasts mixed materials for the walls and an iron roof, both in good condition. The property's capital value has seen a significant increase from $290,000 in 2019 to $425,000 in 2022, reflecting a growth rate of 46.55%. The HouGarden AVM estimates the property's value at $417,500, while the latest sale records show transactions at $57,000 in 2006 and $600,000 in 2024.
With a capital value growth percentage of 46.55%, this property presents a promising investment opportunity. The latest sale price of $600,000 indicates a strong market demand for the property in this quiet cul-de-sac.
For families, the property falls within a desirable school zone with reputable schools, ensuring a quality education for children.
Updated on August 07, 2024