Nestled in the serene Weka Road, a prime location in Waipahihi, Taupo, this residential dwelling on a cross-lease title boasts a single bedroom, bathroom, and carpark. Constructed in 1970 with iron roofing and fibrous cement walls, the 58sqm floor area home is positioned on a level contour with average wall and roof conditions. The property's Capital Value (CV) has seen a remarkable increase of 71.17% from $333,000 in 2019 to $570,000 as of 2022. The HouGarden AVM estimates the property at $552,500, while the latest sale was in 2004 for $166,000. This home is perfect for those seeking a value-adding opportunity in a sought-after area, with easy access to the Botanical Gardens and the lakefront.
With a government valuation on the rise and a decile 7 rating, the nearby Waipahihi School adds to the property's allure. The existing layout offers an open-plan living space that leads out to a private bush setting, with a carport for convenient access and additional off-street parking through double gates. The established, low-maintenance grounds feature a stunning Ginko tree that beautifully complements the view. This property is an ideal choice for those looking to enter the property market, seeking a project, or wanting a personal retreat in a tranquil treetop oasis.
Weka Road is a desirable address, connecting to the heart of nature and the community, while maintaining a convenient distance to recreational amenities. This property is a must-see, as it presents a unique opportunity to own a piece of paradise in the popular Waipahihi neighborhood.
Updated on August 15, 2024