Located at 213 Forest Road, Oruanui, Taupo, this lifestyle-improved property offers a serene escape with its 2 bedrooms, 1 bathroom, and a vast land area of 47,454 square meters. The freehold property boasts a floor area of 60 square meters, featuring iron roof and wall constructions dating back to 2018, both in average condition. The level contour of the property adds to its charm, making it an ideal choice for those seeking peace and tranquility.
Since its last sale in December 2016 for $380,000, the property has seen a significant increase in its capital value, reaching $1,005,000 by July 2022, marking a 60.8% growth. This is complemented by a HouGarden AVM estimation of $980,000. The property's history of capital value growth and its potential for further development make it an attractive investment.
Situated within the school zones of Wairakei School and Taupo-nui-a-Tia College, both with a decile rating of 5, the property promises a balanced lifestyle with access to quality education. Whether for a family looking to settle in a conducive learning environment or an investor eyeing properties with educational advantages, this property stands out.
Updated on March 22, 2024.