6 Kowhai Street, Mangakino, Taupo

Welcome to 6 Kowhai Street, Mangakino, Taupo, a charming 2-bedroom cottage poised for your personal touch. This freehold property spans a generous 956 sqm of level land, featuring a cozy floor area of 56 sqm. Built in the 1940s, the cottage boasts wood construction with a roof of iron, though it's noted that the wall condition is poor and the roof condition is fair. The open plan living space is complemented by a heat pump, ensuring comfort through the seasons, and a front porch offers a serene spot for relaxation.

Since its last sale, the capital value of this property has seen a remarkable increase, jumping from $175,000 in July 2019 to $390,000 in July 2022, marking a 122.86% growth. The HouGarden AVM estimates its value at $382,500. Historical sales data reveals a purchase for $44,000 in October 2007 and $22,000 in April 1991, highlighting its potential as a wise investment or a starter home. The property is now priced to sell, with vacant possession allowing immediate occupancy.

Located within a desirable school zone, this property promises a solid foundation for families. Its potential for future enhancements, coupled with its affordable entry point, makes it an attractive option for investors or first-time homeowners looking to make their mark. Don't miss this opportunity to own a piece of Mangakino.

Updated on March 22, 2024.