Nestled in the heart of Tokaanu, this 4-bedroom, 2-carpark residence on 1012 sqm of freehold land is a gem not to be missed. Constructed in 2000 with fibrous cement walls and an iron roof, this home offers an average condition exterior with a capital value that has seen a staggering 63.61% increase from $327,000 in 2019 to $535,000 in 2022. The property, with a floor area of 144 sqm, is situated in a level contour, providing a spacious open plan living and dining area that extends to a front deck perfect for outdoor entertainment. The serene setting is further enhanced by its proximity to a reserve and easy access to Lake Taupo and Mt Tongariro. The latest sale history shows a significant value appreciation, from $65,000 in 1995 to $80,750 in 2004, with the current HouGarden AVM estimating the property at $500,000.
For families with children, the school zone is a significant draw, with highly-rated educational institutions ensuring a quality education for the young ones.
With a ranch slider leading to a sheltered rear deck, this super low-maintenance home is perfect for year-round enjoyment, making it an ideal mix of comfort, convenience, and value in a sought-after location.
Updated on May 03, 2024