Page 8 - Comparable Market Analysis

Comparative Market Analysis 17 January 2019

5 5/208 Lake Terrace, Waipahihi, Taupo/208 Lake Terrace, Waipahihi, Taupo 33 11 11
Listed 22 Nov 2017 for Land Area
$594,000 Floor Area 101 m²
Capital Value $290,000 Roof Steel/G-Iron
Land Value $107,000 Walls Roughcast, etc
Category Residential Apartment Building Age Mixed/Remod

Enjoy an early morning jog or an evening stroll along the bank of Lake Taupo or venture a little further to
find yourself among some of Taupo's most in vogue cafes and restaurants. Located quite literally across the
road from the lake this home will appeal to everyone; from holiday makers desiring a low maintenance
property to visit for every fleeting desire to busy executive couples wanting a property that fits their lifestyle.
Capturing your attention from the very first encounter, this is a property you'll appreciate for many years to
come.
Straight up the stairs to open plan living, stunning views and intimate spaces. Featuring a compact but
practical kitchen and a living and dining space which has a distinct relaxed vibe. Views over the lake vista can
be enjoyed from the recently renovated balcony, a great spot to capture all day sun or enjoying a refreshing
beverage with friends. From the upper level master bedroom, the views over the lake are even more
spectacular and another bedroom as well as bathroom further compliment this floor.
Split over three easy levels, the ground floor welcomes with a single internal access garage, combined laundry
and extra room - ideal for unexpected guests or as a storage room for kayaks, stand up paddle boards or
other extras that come with living this close to the lake.
This complex further appeals due to the large swimming pool to the rear, popular with holiday makers and
children alike. Not only does this property offer a lot in its entirety, it is merely minutes to local cafes and the
lake and a short drive to town you can rest assured that all the modern conveniences are at your fingertips.

PREPARED BY:
B&W Real Estate
75 Titiraupenga St
Taupo 3330
O: 07 378 7668
info@bwrealestate.co.nz
Licensed Real Estate Agent REAA 2008