Nestled in the esteemed Tuki Street of Lake Taupo's eastern district, this freehold property boasts a versatile layout with the potential for dual usage as a whole dwelling or separate studio units. Constructed in 1980 with a mix of fibrous cement walls and an iron roof, it spans 140 square meters of floor area on a level 809 square meter plot. The highlights include 4 bedrooms, 1 carpark, and rural views from the upper level, complemented by a covered outdoor area for BBQs and relaxation. The property has seen a significant Capital Value increase of 81.32% from $455,000 in 2019 to $825,000 as of July 2022. The HouGarden AVM estimates the property's worth at $830,000, while the latest sale was recorded in 2002 for $200,000.
With a prime location just a short stroll from the Tauranga-Taupo River and Lake Taupo, this property is not only ideal for water enthusiasts and anglers but also for those seeking tranquility with easy access to nature's delights. The added convenience of a service station next door and the potential for rental income make it an attractive investment opportunity in this highly sought-after area.
For families with school-aged children, the property falls within a school zone with a high decile rating, ensuring access to quality education. The proximity to Turangi and Taupo, each a mere 10 and 30 minutes away respectively, further enhances the appeal of this property as a perfect blend of lifestyle, convenience, and investment potential.
Updated on September 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 3.14 km | 2 | 1 | 77m2 | 2024 11 13 | - | Council approved | |
 | 1.30 km | 3 | 1 | 83m2 | 2024 08 14 | $375,000 | Council approved | |
 | 2.66 km | 2 | 1 | 77m2 | 2024 07 15 | $512,000 | Council approved | |
 | 2.16 km | 0m2 | 2024 07 02 | $320,000 | Council approved | |||
 | 1.35 km | 3 | 1 | 80m2 | 2024 07 02 | $390,000 | Council approved |