2/15 Frederick Street, Taupo, Taupo

Nestled in the esteemed Two Mile Bay suburb, this charming residence boasts 3 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 99 square meters. Constructed in 1970 with fibrous cement walls and an iron roof, the property sits on a level contour with average wall and roof conditions. It is held under a Cross-Lease title, ensuring a low-maintenance lifestyle. The government's capital value has seen a significant increase from $460,000 in 2019 to $765,000 in 2022, reflecting a growth of 66.3%. HouGarden's AVM estimates the property at $700,000, while the latest sales were recorded at $730,000 in 2024 and $347,000 in 2016.

Waipahihi School, a contributing school with a decile rating of 7, is just a minute's walk away, making this property an ideal choice for families. The property's private and functional outdoor space includes a removable sleepout, which has been successfully rented out as an Air B&B, adding to the property's income potential. The main house features a cozy fireplace, a heat pump, and an HRV system for year-round comfort.

With its prime location, just a stone's throw from the Two Mile Bay Sailing Centre, and a property value on the rise, this home is an opportunity not to be missed.

Updated on December 18, 2024