Nestled on an expansive 845sqm site at 19 Lakewood Drive, Nukuhau, Taupo, this dual-residence property offers a unique opportunity for families and investors alike. Constructed with a mix of materials for the walls and iron for the roof, these two stand-alone homes on a freehold title provide an average condition exterior with ample parking for 4 cars. The 6-bedroom, 1-bathroom layout spans a generous 180 square meters of floor area. Notably, the property has seen a significant Capital Value increase of 57.89% from $760,000 in 2019 to the current $1,200,000 as of July 2022.
With a HouGarden AVM of $1,170,000 and recent sales history showing a sale in 2020 for $588,000 and another in 2024 for $1,150,000, the property presents a promising investment. It's situated in a desirable location, close to local amenities and within the catchment area of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5 for educational excellence.
For those with an eye on the future, this property not only offers a comfortable living environment with modern conveniences such as a heat pump and gas fireplace, but also the potential for additional income or an ideal setup for extended families. The fully fenced site with established gardens and a private outdoor entertainment area is a serene retreat, while the convenient access to quality schools adds to the appeal.
Updated on August 28, 2024