9 Matipo Street, Taupo, Taupo

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