Nestled at 10 The Pheasant Tail in the serene Nukuhau, Taupo, lies a captivating four-bedroom, two-car park residence on a freehold site. Constructed in 2007 with a mix of materials for the walls and iron for the roof, this dwelling sits on a levelled 796 sqm of land, boasting a floor area of 227 sqm. The property's capital value has seen a remarkable growth of 64.54% from $705,000 in 2019 to the current $1,160,000 as of 2022. The HouGarden AVM estimates the property's worth at $1,130,000, while the latest sale history dates back to 2008 at $209,000.
With an average condition for both walls and roof, the residence enjoys modern amenities such as a heat pump and a solar-powered HRV system. The government's valuation increase and the property's AVM reflect a strong market confidence in this quiet cul-de-sac. The recent CV growth is a testament to the investment potential of this address.
For families with school-aged children, the property falls within the catchment area of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5 for their educational standards. This combination of a rapidly appreciating asset and access to quality education makes this property an attractive proposition for both investors and families.
Updated on July 19, 2024