21 Teti Street, Wharewaka, Taupo

Discover the essence of Kiwi living in this charming Wharewaka haven, located at 21 Teti Street, Taupo. This quintessential Kiwi bach offers five bedrooms and a generous floorplan of 160sqm, set on a sprawling 817sqm freehold section. The property features fibrous cement walls and an iron roof, both in average condition, reflecting the character of its 1960s construction. The easy/moderate fall of the property contour adds to its appeal, providing a unique landscape for outdoor activities. The living area, bathed in sunlight, opens out to an upper-level deck with views of the expansive backyard and glimpses of the lake, making it an ideal spot for relaxation and entertainment.

The property has seen a significant increase in capital value, from $636,000 in July 2019 to $1,200,000 in July 2022, marking an 88.68% growth. The latest sale, in February 2024, was at $1,215,000, slightly above the HouGarden AVM of $1,180,000, indicating a strong market interest. This rapid appreciation underscores the property's investment potential and the desirability of the Wharewaka area.

Located in the Waipahihi School zone, which boasts a decile rating of 7, this property offers educational excellence within a contributing school type. The prime location near the lakefront provides easy access to a variety of recreational activities, including biking along the Lion's Walk, leisurely walks, and water activities. With local amenities such as the new supermarket nearby, this property combines the tranquility of lakeside living with the convenience of urban amenities, making it an ideal choice for families or as a holiday retreat.