48 Lakewood Drive, Nukuhau, Taupo

Nestled in the serene Lakewood Drive cul-de-sac, this charming freehold property, built in 1995 with iron roofing and fibrous cement walls, offers a comfortable and practical living space. The 3-bedroom, 1-carpark home spans an area of 102 square meters on a land of 683 square meters, boasting an easy-to-moderate rise contour. The property has seen a significant increase in Capital Value (CV), rising from $460,000 in 2019 to the current $745,000, indicating a growth of 61.96%. The HouGarden AVM estimates the property's worth at $725,000, while the latest sales history shows a sale in 2019 for $420,000 and an earlier one in 1995 for $33,000. With tenants moved out and the vendors ready to cash up, this property is ripe for the taking.

As for the government valuations, the consistent rise reflects the property's appeal and investment potential. The latest CV is a testament to the increasing desirability of the location. Moreover, the property falls within the catchment area of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5, ensuring quality education for the family.

Whether you seek a starter home, an investment opportunity, or a holiday retreat, this delightful residence with its well-kept gardens, single-level living, and a heat pump-equipped lounge is ready to welcome its new owner. The inviting private courtyard and the spacious garage with a workshop only add to the appeal. Don't miss the chance to transform this gem into your dream home.

Updated on July 23, 2024