13 Kowhai Street, Mangakino, Taupo

Nestled on a generous 728 square meter section in the serene Mangakino, this charming 2-bedroom, 1-bathroom residence with a single carpark is a perfect blend of classic and contemporary living. Constructed in 1940 with mixed materials for the walls and iron for the roof, this freehold property maintains an average condition both inside and out, sitting on a level contour that adds to its appeal. The home, located at 13 Kowhai Street, exudes warmth and practicality with its well-appointed spaces and modern amenities, including a heat pump for year-round comfort.

With a government valuation (CV) of $450,000 as of July 2022, this property has shown a remarkable increase of 110.28% from its $214,000 valuation in July 2019. The HouGarden AVM estimates the property's worth at $417,500, while the latest sale history includes transactions at $96,000 in December 2016 and $129,000 in April 2007, highlighting the consistent capital value growth of this desirable investment.

For families with children, the property falls within a highly regarded school zone. The local schools are known for their high decile ratings, offering an excellent education for the young ones. This, combined with the property's prime location and attractive CV growth potential, makes it an ideal choice for those seeking a sound investment in both real estate and education.

Updated on May 24, 2024