23/15 Johnbrook Crescent, Wharewaka, Taupo

Nestled at 23/15 Johnbrook Crescent, Wharewaka, Taupo, this industrial-service property boasts a unit title and a recent construction date of 2020. The exterior walls and roof, both made of iron, are in good condition. It features a single bathroom and a floor area of 44 square meters, perfect for its current use as a storage unit. The property is situated on a level contour, enhancing its accessibility and potential uses.

With a government valuation of $130,000 as of July 2022, the capital value has seen a significant increase of 44.44% from its previous valuation of $90,000 in July 2019. The HouGarden AVM estimates the property's value at $127,500. Notably, the latest sale history includes a transaction on July 18, 2024, for $250,700, and another on October 14, 2019, for $101,200, indicating a robust market for such properties in the area.

For families, the property falls within the Waipahihi School zone, a contributing school with a decile rating of 7. This storage unit not only offers a secure investment opportunity but also the convenience of being in a prime location, with easy access to major routes and just minutes away from Taupo's popular bays and residential areas.

Updated on August 14, 2024