61 Pihanga Street, Taupo, Taupo

This charming property located at 61 Pihanga Street, Taupo, Taupo, is a quintessential example of a residential dwelling that offers a blend of potential and location. The house, built in the 1950s, features 3 bedrooms, with the specifics of bathrooms not provided, and 2 carparks. It spans a floor area of 120sqm and sits on a generous land area of 1,133sqm. The property is of Freehold ownership type, boasting an easy/moderate rise contour. Its construction comprises a Roughcast wall and an Iron roof, both in average condition, reflecting its age and the era it was built in.

The property has seen a significant increase in its capital value, from $389,000 on July 1, 2019, to $630,000 on July 1, 2022, marking a 61.95% growth. The latest HouGarden AVM estimates its value at $617,500. It last sold on December 14, 2023, for $420,000. This property is described as a prime candidate for subdivision, offering a flat contour and wide road frontage, ideal for development. Its auction was held on April 8, 2022, highlighting its desirability for both renovation and development projects.

In terms of education, the property falls within the zone for Taupo-nui-a-Tia College, a secondary school catering to years 9-15, with a decile rating of 5. This indicates a moderate level of socio-economic advantage, providing a balanced educational environment for residents.

Updated on March 21, 2024.