27 Terence Street, Tauhara, Taupo

Nestled in the tranquility of a quiet cul-de-sac at 27 Terence Street, Tauhara, Taupo, this freehold property built in 1967 offers a spacious residence with potential for further development. The home boasts 4 bedrooms, 1 bathroom, and 3 car parks, set on a generous 984m2 section with an easy/moderate fall contour. The 163m2 floor area is complemented by wooden walls and an iron roof, both in average condition. Inside, you'll find a recently painted upper level with a living area, an enclosed deck, and an open-plan kitchen and lounge. The layout includes a hallway leading to a toilet, storage, and two double bedrooms, with the master featuring a walk-in wardrobe and an adjacent bathroom equipped with a spa bath, new vanity, and shower. The property's highlights include a large basement, perfect for additional bedrooms or a rumpus room, and a yard that allows for seamless indoor-outdoor living. With a Capital Value (CV) of $685,000 as of July 2022, representing a 75.64% increase since 2019, and a HouGarden AVM of $655,000, this property also has a history of the latest sale at $590,000 in 2024 and $192,000 in 2015, making it an attractive investment for long-term investors, DIY developers, or first-home buyers. RV $685,000, the property has been recently painted, has new carpet upstairs, and features polished floors, enhancing its natural charm.

Government valuations show a promising trend, reflecting a significant growth in the property's worth. The latest sale history indicates potential for further value appreciation. This home is not just a dwelling but a sound investment opportunity.

For families with children, the school zone is another drawcard. With a decile rating that reflects a high standard of education, the local schools are within easy reach, ensuring a quality education for your children.

Updated on April 11, 2024