7 Moana Crescent, Mangakino, Taupo

Welcome to 7 Moana Crescent, a residential dwelling in Mangakino, Taupo, set on a level contour with a freehold title. This charming 94sqm home boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1940 with wood walls and an iron roof, both in fair condition, it features an open plan kitchen and dining area, a spacious living room opening to a private covered deck, and a heat pump for year-round comfort. The property includes a boat shed and a cabin, enhancing its appeal. With a CV of $510,000 as of July 2022, it has seen a 96.15% increase since 2019. The HouGarden AVM estimates the property at $490,000, while the latest sales were in 2018 for $257,500 and 2013 for $125,000. This home is not just a peaceful retreat; it's a smart investment with potential for an income stream, being currently operated as an Air BnB. It's also within walking distance to Lake Maraetai, the golf course, and amenities, and is part of a highly regarded school zone.

Since 2019, the capital value has shown a remarkable increase of 96.15%, reflecting a strong growth trend. The property's latest valuation is $510,000, with the HouGarden AVM slightly lower at $490,000. The recent sales history demonstrates the property's escalating worth, with sales in 2018 and 2013 valued at $257,500 and $125,000 respectively.

For families, the school zone is a significant plus. The local schools have a positive decile rating, ensuring quality education for children. This property offers not only a comfortable living environment but also a promising future for both personal and investment purposes.

Updated on October 21, 2024