14 Taniwha Street, Mangakino, Taupo

Nestled on a level 721 sqm of freehold land at 14 Taniwha Street, Mangakino, Taupo, this 1960's built 2-bedroom, 1-bathroom residence exudes potential with its Iron roof and Fibrous Cement walls. The home boasts an open plan living area that seamlessly transitions to a deck, offering serene lake and rural views - an ideal sanctuary to unwind. The bathroom has undergone refurbishment and a heat pump ensures all-season comfort. Additionally, a single garage with two extra rooms caters to those seeking a work-from-home setup or additional guest space. With a CV of $635,000, representing a 74.93% increase since 2019, and a HouGarden AVM of $617,500, this property also boasts a sales history with the latest transaction at $398,000 in 2020 and $230,000 in 2016.

Property highlights include a capital value growth rate that speaks volumes about its investment potential. The latest CV reflects a significant leap from $363,000 in 2019 to the current $635,000, indicating a rapid appreciation that's hard to ignore.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for your little ones.

Updated on July 24, 2024