Nestled in the tranquility of 25b Karamu Street, Taupo, this residential vacant land boasts a freehold title, offering a leveled property contour ideal for building your dream home. With 2 bedrooms and an undefined number of bathrooms, this property is situated on a generous 208 square meters of land. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable, as evidenced by its significant Capital Value (CV) increase from $95,000 in 2019 to $265,000 in 2022, showcasing a growth rate of 1.79%. Furthermore, the property's HouGarden AVM stands at $255,000, with the latest sale recorded on March 27, 2024, at $585,000.
Regarding the government's valuation history, the property has shown a consistent and impressive rise in value. The recent sale history further solidifies the investment potential of this land. With a CV increase percentage that outpaces the norm, this property is a golden opportunity for any buyer looking to capitalize on a thriving real estate market.
For families with educational considerations, the property falls within the school zone of Taupo-nui-a-Tia College, a secondary school catering to Year 9-15 students with a decile rating of 5. This ensures access to quality education in a community that values academic excellence.
Updated on April 25, 2024