139 Palmer Mill Road, Wairakei and Surrounds, Taupo

Nestled on a serene cul-de-sac at 139 Palmer Mill Road, Wairakei and Surrounds, Taupo, this Freehold property boasts a capital value that has surged by 56.68% over the past three years. Constructed in 2006 with mixed materials for the walls and iron for the roof, this 218sqm residence sits on a 12,200sqm section with an easy-to-moderate fall contour. It features 3 bedrooms, 2 bathrooms, and a generous allocation of 5 carparks. The property's government valuation as of July 2022 stands at $1,465,000, a significant increase from the $935,000 valuation in July 2019. The HouGarden AVM estimates the property's worth at $1,357,500, while the latest sales were recorded at $537,000 in 2011 and $90,000 in 2002.

With a CV increase that outpaces the market average, this property is a wise investment. It is complemented by its location within the decile 5 school zones for both Wairakei School and Taupo-nui-a-Tia College, ensuring quality education for the family. The residence, meticulously maintained, offers a luxurious haven with two living areas, an office, and a double garage with internal access. Outside, a 3-acre paradise awaits, with manicured gardens, a tranquil pond, and fruit trees, perfect for nature enthusiasts.

Not only is this property a gem in terms of value appreciation and lifestyle, but it also provides unparalleled convenience with easy access to SH1 and SH5. This address is more than just a home; it's an opportunity to secure a slice of paradise in the heart of Wairakei.

Updated on June 14, 2024