62 Kaihua Road, Nukuhau, Taupo

Nestled in the serene Nukuhau, this 1990-built, freehold property at 62 Kaihua Road boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed with fibrous cement walls and tiled roofing, the 91sqm floor area is complemented by a spacious 774sqm section. The home, with an average wall and roof condition, is set on level contour land, offering a blank canvas for outdoor enthusiasts. The interior is cozy, featuring a fireplace and a heat pump for all-season comfort, while the deck invites relaxation on warm evenings.

Since 2019, the Capital Value (CV) has seen a significant increase of 62%, reaching $700,000 as of July 2022. The HouGarden AVM estimates the property at $695,000, with the latest sales recorded in 2012 and 2007 at $295,000 and $318,000 respectively. This indicates a promising investment opportunity in a rapidly appreciating market.

For families with children, the property falls within the decile 5 school zones of both Taupo School and Taupo-nui-a-Tia College, ensuring access to quality education. This home, with its potential for transformation, is a golden opportunity for those willing to invest time and effort into a rewarding renovation project.

Updated on November 14, 2024