26 Moana Crescent, Mangakino, Taupo

Nestled in the serene Mangakino, Taupo, at 26 Moana Crescent, this residential dwelling on a freehold section boasts 2 bedrooms, 1 bathroom, and 4 car parks. Constructed in 1940 with wood walls and an iron roof, both in average condition, this property sits on a steep rise with a floor area of 81sqm and a land area of 1054sqm. The roof and walls frame stunning lake and rural views, making every morning feel like a holiday. The property, with a current Capital Value (CV) of $525,000, has seen a growth of 93.73% since 2019. HouGarden AVM estimates the property at $505,000, presenting a potential below-CV opportunity not to be missed.

With a rich history of valuation, this property's CV has skyrocketed from $271,000 in 2019, reflecting a significant investment potential. The recent sale history and the increasing CV percentage underscore the prime location and future value growth. This slice of paradise is perfect for those seeking a secure lock-and-leave lifestyle or a permanent lakeview retreat.

Located in a desirable school zone, the property offers access to quality education. The surrounding schools, with their impressive decile ratings, ensure a sound investment for families. Embrace the tranquility of Lake Maraetai and the convenience of a top-notch educational environment.

Updated on April 10, 2024