Nestled at 24 Hinerau Grove, Waipahihi, Taupo, this charming residential dwelling on a freehold title boasts 3 bedrooms, 2 carparks, and a floor area of 220 square meters on a sprawling 806 square meter plot. Constructed in 1980 with concrete walls and tiled roof, the property stands in average condition, exuding a pristine retro charm. The capital value has seen a remarkable increase of 70% from $565,000 in 2019 to $960,000 in 2022. The latest sale in 2024 fetched $985,000, closely aligning with the HouGarden AVM estimate of $965,000.
With a CV growth rate that speaks volumes about its investment potential, this property is located in a sought-after school zone. The Hilltop School, a full primary with a decile rating of 9, and Waipahihi School, a contributing primary with a decile rating of 7, are within easy reach. The upper-level living/dining area, with its grandstand view of Acacia Bay and the Taupo town, is the highlight of this home, offering a front-row seat to Taupo's beauty.
Whether you choose to embrace the 80's nostalgia or plan for modern upgrades, this property holds endless potential. It's a rare gem that combines timeless charm with the convenience of a prime location and a promising future.
Updated on September 04, 2024