35 Noble Street, Nukuhau, Taupo

Nestled in the prime location of 35 Noble Street, Nukuhau, Taupo, this stunning residential property boasts breathtaking views of the Boat Marina, Lake Taupo, and the picturesque Taupo Township, framed by the majestic surrounding mountains. Constructed in 1981 with mixed materials for the walls and tiles for the roof, this freehold property sits on a steep rise with a land area of 651sqm and a floor area of 212sqm. It features 6 bedrooms, 3 bathrooms, and 2 car parks. The upstairs open-plan design harmoniously blends living, kitchen, and dining areas, creating a vibrant and cozy atmosphere, further enhanced by the wood burner and heat transfer system. The downstairs is a highlight, functioning as a successful Air BNB with 3 bedrooms, a bathroom, and separate living spaces, offering versatile options for larger families or as an income generator. The property has seen a significant Capital Value increase of 59.66% over the past 4 years, from $595,000 to $950,000, with the HouGarden AVM estimating it at $927,500. The latest sales history shows a jump from $600,000 in 2018 to $1,125,000 in 2024. Within the school zones of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5, this home is not just a dwelling but an investment in a lifestyle.

With a Capital Value growth rate that outpaces the market average, this property is not just a home but a sound financial investment. The recent sale prices reflect the high demand for such premium real estate in the area, with the latest sale fetching $1,125,000, a stark contrast to the $600,000 sale just four years prior. The HouGarden AVM provides a conservative estimate of $927,500, underlining the property's potential for further appreciation.

For families with children, the property falls within the catchment area of Taupo School, a contributing primary school, and Taupo-nui-a-Tia College, a secondary school catering to years 9 to 15. Both institutions are rated a decile 5, indicating a high standard of education in the area.

Updated on August 07, 2024