Nestled in the tranquil Taharepa Road of Tauhara, Taupo, this freehold property boasts a generous land area of 921sqm. Constructed in 1961 with fibrous cement walls and iron roofing, it comprises two dwellings with a combined floor area of 180sqm. Each dwelling features three bedrooms, and the entire estate enjoys an average condition for both walls and roof. The property, with a current Capital Value (CV) of $720,000, has seen a remarkable growth of 71.02% from its previous CV of $421,000 in 2019. This is an ideal opportunity for investors and developers looking to tap into the property's significant development potential.
With a HouGarden AVM of $700,000, the latest sale history includes a transaction in 2024 for $620,000 and another in 2001 for $110,000. This indicates a steady increase in value over the years. The property is scheduled for auction on 5 July 2024, unless sold prior, and presents a golden chance to secure a valuable asset in a sought-after location.
Educationally, the property falls within the catchment area of Mount View Primary School and is close to Taupo-nui-a-Tia College, a secondary school with a decile rating of 5. The convenient access to local amenities such as AC baths, Thermal pools, sports grounds, and the Paetiki Shopping Centre further enhances the appeal of this property. Don't miss the chance to transform this estate into your dream homes or a lucrative investment.
Updated on August 21, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 3.30 km | 4 | 2 | 260m2 | 2024 12 11 | - | Council approved | |
 | 0.10 km | 4 | 2 | 181m2 | 2024 08 14 | - | Council approved | |
 | 4.06 km | 2 | 1 | 60m2 | 2024 08 01 | - | Council approved | |
 | 3.34 km | 4 | 126m2 | 2024 07 30 | $648,000 | Council approved | ||
 | 4.01 km | 4 | 2 | 190m2 | 2024 07 25 | - | Council approved |