48 Te Hei Place, Turangi, Taupo

Located at 48 Te Hei Place, Turangi, Taupo, this residential dwelling offers a charming 1960s vibe with its wooden walls and iron roof. The property is freehold, ensuring complete ownership, and boasts a level contour. It features two double bedrooms, one bathroom, and a single car park. The floor area spans 64 square meters, while the land area is a generous 646 square meters, providing ample space for potential expansion.

The capital value of this property has seen a significant increase, rising from $191,000 on July 1, 2019, to $350,000 on July 1, 2022, marking an impressive growth rate of 83.25%. The HouGarden AVM estimates the current value at $335,000. The property was last sold on November 7, 2018, for $190,000, and prior to that, on May 16, 1997, for $32,500. This upward trend in value highlights the property's strong investment potential.

Situated within a desirable school zone, this property offers access to quality education facilities, enhancing its appeal to families. The presence of a sitting tenant paying $440 per week makes it an attractive option for investors seeking immediate rental income. With its compliance with Healthy Homes standards and a well-maintained condition, this property is a ready-to-go investment opportunity.

Updated on September 26, 2025