24 Koha Road, Taupo, Taupo

Nestled at 24 Koha Road, Taupo, this charming residential dwelling on a freehold title was built in 1953. It boasts a single bedroom, a bathroom, and a carpark, with a floor area of 48 square meters and a generous land area of 805 square meters. The property features wood exterior walls and an iron roof, currently in fair and poor condition respectively, and is situated on a level contour. This property presents a unique opportunity in the Taupo market, with potential for further development or investment.

As per the government’s valuation, the capital value has seen a significant increase from $366,000 in July 2019 to $520,000 in July 2022, reflecting a growth rate of 42.08%. The HouGarden AVM estimates the property’s value at $510,000, while the latest sale on July 5, 2024, was recorded at $526,000. This indicates a promising investment prospect in a rapidly appreciating market.

For families with children, the property falls within a desirable school zone. With excellent educational facilities and a high decile rating, the local schools are well-regarded. This quiet cul-de-sac offers a peaceful environment, perfect for raising a family or simply enjoying the Taupo lifestyle.

Updated on August 14, 2024