37 Rangiamohia Road, Turangi, Taupo

Nestled in the heart of Turangi, Taupo, the property at 37 Rangiamohia Road is a quintessential example of mid-20th-century architecture, boasting a wooden exterior and an iron roof. Built in 1960, this freehold residential dwelling spans 103 square meters over a generous 704 square meter section. The home comprises three bedrooms and offers one carpark, with both the wall and roof conditions rated as average. The level contour of the property ensures ease of access and usability of the outdoor space.

Over the years, the capital value of this property has seen a remarkable increase, jumping from $271,000 on July 1, 2019, to $460,000 on July 1, 2022, marking a 69.74% growth. This surge in value is underscored by a HouGarden AVM estimate of $450,000. The property's sale history further highlights its value appreciation, with the latest transaction recorded on January 31, 2024, at $310,000, a significant leap from its $73,800 sale price back on May 18, 1999.

While specific school zoning information is not provided, the property's location in Turangi, a region known for its quality educational institutions, suggests potential access to reputable schools. This aspect, combined with the property's solid capital value growth and desirable features, makes it an attractive option for families and investors alike.