Our vendors instructions are very clear and this property is to be sold with an offers over price in the vicinity of $200k below RV!
Purchased as one, this property has a potential Return on Investment (ROI) of 6.8%, based on currently rental appraisals that may be subject to market changes), this property offers an appraised annual income of $55,640k!
If sold separately, the larger unit of the two units, has a price indication of $480k with an RV of $580k.
This unit features a large internal access double garage, with an additional room, currently dressed as a bedroom, a downstairs laundry, and the entire upstairs area with two large bedrooms and bathrooms offering outstanding views of the marina and lake.
The smaller downstairs unit has a price indication of $395k with an RV of $510k.
This unit has been renovated and is single level with a nice private back yard area.
With easy access to our vibrant town centre, if you were to purchase as one, this property is ideal for families, investors, or those seeking the comfort of dual living arrangements.
With so much to offer, it seamlessly combines modern living with functional space, ensuring a delightful home for all.
The upper unit boasts breathtaking views of the lake, marina, and town centre.
The lower unit features two rooms dressed as bedrooms. One as a legal bedroom, the second has been converted from an internal access garage; therefore, you could revert it back easily if having an internal access garage suited your lifestyle better. The bathroom is modern and spacious and is combined with the laundry.
Each unit is equipped with its own sunny and private outdoor deck, where you can enjoy the fresh air and stunning surroundings. The lower unit’s backyard is particularly enchanting, providing an ideal setting for children to play or for hosting social gatherings with family and friends.
Parking is a breeze with loads of additional off-street parking, accommodating multiple vehicles without hassle. This feature adds to the practicality of the property, making it an even more appealing choice for busy families.
Location is key, and this property excels in that department. Situated just a short distance from the bustling town, residents will enjoy easy access to a variety of amenities, including shops, schools, and recreational facilities. The combination of convenience and a vibrant neighbourhood makes this home ideal for enjoying both local culture and the tranquility of suburban living.
As you consider your next move, Pitiroi Street stands out as an opportunity not to be missed. Whether you are looking for a dual-living setup for extended family or an investment property with fantastic rental potential, this home captures it all. Seize this chance to own a unique piece of Taupo real estate today.
Do not hesitate to reach out for more information or to schedule a viewing.
Please note 12 and 12a Pitiroi Street, Taupo can be purchased together as one or sold separately. Please also note that Homes' estimates will be for one unit, not both units, as each unit has a separate title.
