Nestled in the tranquility of 9 Matipo Street, Taupo, this freehold property is a charming residential dwelling built in 1961. With a solid brick exterior and an iron roof, it offers 3 bedrooms, 2 bathrooms, and 2 car parks, spread across a floor area of 110 square meters on a spacious 1136 square meter section. The property presents a promising opportunity with its 'good bones', ready for your personal touch to transform it into a comfortable family home. The average condition of both walls and roof hints at the potential for improvement and customization.
Since 2019, the capital value has seen a significant increase of 61.84%, reaching $670,000 as of July 2022. The HouGarden AVM estimates the property's worth at $640,000, while the latest sale history shows a dramatic progression from $33,000 in 1988 to $87,000 in 1989. This upward trend in value is a testament to the investment potential of this property.
For families with children, the property falls within the catchment area of Taupo-nui-a-Tia College, a secondary school with a decile rating of 5. This indicates a good standard of education in the local area. With such a large section, there's potential for future income or sub-division possibilities, subject to council consent, adding to the allure of this property.
Updated on April 23, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.19 km | 3 | 130m2 | 2024 05 16 | $730,000 | Council approved | |||
0.11 km | 3 | 150m2 | 2024 04 18 | $650,000 | Council approved | |||
0.15 km | 2 | 1 | 80m2 | 2024 04 10 | $500,000 | Council approved | ||
0.07 km | 4 | 109m2 | 2024 04 06 | $715,000 | Council approved | |||
 | 0.20 km | 3 | 2 | 143m2 | 2024 03 26 | $715,000 | Council approved |