2 Toi Grove, Turangi, Taupo

Nestled in the tranquility of a quiet cul-de-sac at 2 Toi Grove, Turangi, Taupo, this 1960-built residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 72sqm floor area is complemented by a fair-conditioned fibrous cement exterior and iron roof, sitting on a level 569sqm section. The property's government valuation has seen an impressive 80% increase from $200,000 in 2019 to $360,000 as of 2022, indicating a rapid capital value growth. The latest sale history points to a sale price of $265,000 in 2024 and $145,000 in 2007, with the HouGarden AVM estimating the property's worth at $342,500.

With a keen vendor ready to make a deal, this property presents a solid investment opportunity, currently tenanted by long-term renters. The home features timber flooring, a centrally located woodburner, a galley-style kitchen, and a generous single garage with additional carport. It meets all Healthy Homes standards, making it an ideal first home or addition to a rental portfolio.

For families, the property falls within a desirable school zone, with excellent educational facilities and a high decile rating, ensuring a quality education for children.

Updated on April 24, 2024