1/49 Mere Road, Taupo, Taupo

Located at 1/49 Mere Road, Taupo, this residential dwelling is a testament to solid construction and convenient living. Built in 1992, the property features a mix of materials for the walls and an iron roof, both in average condition. It spans a floor area of 150 square meters and is situated on a level, compact section. The house is a cross-lease title and comprises three bedrooms, a spacious double garage with a workshop, and is complemented by established gardens. Its central location is ideal for investors, downsizers, and first home buyers, offering the benefits of proximity to the town centre and lake.

The property has seen a significant increase in capital value, from $535,000 on July 1, 2019, to $855,000 on July 1, 2022, marking a 59.81% growth. The latest sale was recorded on February 2, 2024, for $806,000, up from $250,000 on August 1, 2003. The HouGarden AVM estimates the property's value at $820,000. This estate liquidation presents a unique opportunity for astute buyers to acquire a property with potential for personalization and value addition.

Education is well catered for, with the property being in the zone for Hilltop School (decile 9, Full Primary) and Taupo-nui-a-Tia College (decile 5, Secondary Year 9-15), ensuring quality schooling options for families. The home's location offers an easy stroll to the lakefront and town centre, making it a must-view for those valuing convenience and lifestyle.

Updated on April 05, 2024.