Located at 4 Arataha Street, Motuoapa, Taupo, this residential dwelling features 2 bedrooms, 1 bathroom, and 2 carparks, covering a floor area of 80m² on a generous 736m² freehold section. Built in the 1960s, the property boasts mixed material walls and an iron roof, both in average condition. The level contour of the property adds to its appeal, making it a prime choice for those looking for a holiday cottage with a nostalgic 60s vibe. The property is situated in a highly desirable area, minutes away from Lake Taupo, Motuoapa Marina, and local amenities such as the Licorice Cafe.
Over the years, the capital value of this property has seen a significant increase, from $400,000 in July 2019 to $650,000 in July 2022, marking a 62.5% growth. The latest sale in December 2023 recorded a price of $560,000, while the HouGarden AVM estimates its value at $622,500. This property not only offers a serene holiday spot but also presents an excellent opportunity for redevelopment on its fully fenced section.
While specific school zone information is not provided, the property's location near Taupo and Turangi offers access to a range of educational facilities, ensuring a balanced lifestyle of leisure and learning. The proximity to natural attractions and essential amenities makes it an ideal spot for both holiday retreats and permanent residence.
Updated on April 06, 2024.