17/387 Pokuru Road North, Mangakino, Taupo

Nestled in the serene cul-de-sac of Pokuru Road North, Mangakino, Taupo, this impressive 4-bedroom, 2-car park property is a paradigm of modern living. Constructed with quality wood walls and iron roofing, the 280sqm floor area is complemented by a vast 2910sqm of land, all within the comfort of a Freehold title. The property, built in 2023, boasts a well-maintained condition both inside and out, with a level contour that adds to its allure. The government's capital value has seen a remarkable increase from $237,000 in 2019 to the current $1,580,000, reflecting a growth of 5.67%. HouGarden AVM estimates the property at $1,515,000, while the latest sales history shows a progression from $172,000 in 2017 to $230,000 in 2019, indicating a steadily rising value. This residence is not just a home but an investment with a promising future.

With a CV increase that outpaces the market average, this property is a golden opportunity for investors. The added bonus of a private pickleball court and a standalone garage (77m2) with its own kitchenette and facilities make it a unique offering. The panoramic views of Lake Whakamaru and the native bush reserves are an everyday luxury that will be cherished by the entire family.

For families with children, the school zone is a significant plus. The property falls within a highly rated decile, ensuring access to quality education. The convenience of being part of the Waipamu Station community, with its communal tennis court, pavilion, boat ramp, and picnic areas, completes the package, making this property a rare find that combines luxury, convenience, and potential.

Updated on October 07, 2024