Nestled in the esteemed cul-de-sac of Gibbs Place, Kinloch, Taupo, this charming freehold property boasts a capital value that has seen a remarkable growth of 68.35%. From $695,000 in 2019 to the current $1,170,000 as of 2022, this 3-bedroom, 2-carpark home with a floor area of 138sqm and a land area of 1252sqm is a prime investment. Constructed in 2000 with fibrous cement walls and iron roofing, the house stands in average condition, offering a level contour and a serene environment. The latest sale history includes a transaction of $900,000 in 2024 and $420,000 in 2009. The HouGarden AVM estimates the property's worth at $954,500. For families, the property falls within the zones of Marotiri School (Decile 6), Wairakei School (Decile 5), and Taupo-nui-a-Tia College (Decile 5), ensuring quality education for all ages.
Step into this colonial-style dwelling and be greeted by high ceilings and overhead windows that flood the living area with natural light. Two French doors open to a private deck, perfect for unwinding in a sheltered outdoor space. The kitchen, with its timber bench-top and garden view, is a cook's haven. Two recently installed heat pumps provide comfort in the dining and master bedroom. Ample storage options include double linen cupboards and attic space. The separate double garage with auto door and gated rear garden adds convenience and security.
With a strong capital value increase and located in a desirable school zone, this property is not just a house; it's a wise investment in a peaceful community.
Updated on April 17, 2024