Page 5 - Comparable Market Analysis
P. 5

Comparative Market Analysis                                                     6 March 2019







                                           2 234 Palmer Mill Road, Wairakei, Taupo34 Palmer Mill Road, Wairakei, Taupo     33           11           33
                                           Last Sold   $905,000 - 02 Feb 18  Floor Area  100 m²
                                           Capital Value  $525,000 - 01 Jul 16  Roof  Steel/G-Iron
                                           Land Value  $270,000 - 01 Jul 16  Walls   Mixed Material
                                           Land Use    Lifestyle         Building Age  2010-2019
                                           Land Area   6.0640 ha


                  Hidden away in a lovely secluded 14.9 acres this appealing weatherboard bungalow has three bedrooms and
                  a stylish bathroom. The modern kitchen still has the original range and polished native timber floors. It is
                  open plan to the dining space and the cosy lounge which has French doors to the deck. A freestanding wood
                  burning fire heats this area. A Triple garage with boat port adjoins the home and there is a sleep-out in the
                  garden. The 14.9 acres (6 hectares) is in undulating pasture with lots of gentle terrain for haymaking. A couple
                  of gullies provide good stock shelter too. There's also a barn for storage of a tractor and of course, hay.





                                           2 200 Palmer Mill Road, Wairakei, Taupo00 Palmer Mill Road, Wairakei, Taupo     44           22           77
                                           Last Sold   $930,000 - 10 Jan 18  Floor Area  243 m²
                                           Capital Value  $720,000 - 01 Jul 16  Roof  Steel/G-Iron
                                           Land Value  $235,000 - 01 Jul 16  Walls   Brick
                                           Land Use    Lifestyle         Building Age  2000-2009
                                           Land Area   4.0199 ha


                  Every morning the sun dawns on this lovely 243sqm Homestead throwing light over gorgeous views that
                  capture the gently rolling 10 acre countryside. Constructed in beautiful Hinuera Stone, this four bedroom
                  spacious country homestead was built by our vendors to live the dream, enjoying the idyllic rural lifestyle.
                  Solid Rimu floors feature throughout the roomy kitchen and dining area, which flows through to a large
                  lounge with French doors leading onto a gorgeous patio/entertainment space. 'Space' is a key word with this
                  home - it's expansive, yet radiates that warm, country feel. The Master bedroom has a walk-in robe, ensuite
                  and is enhanced with doors opening straight outside to the patio. A covered outdoor spa pool is decorated
                  with brilliant greenery to make relaxing on a cool evening a luxurious event. Additional to the main home is a
                  sizeable double bay garage/workshop that also has separate full facilities including bathroom, kitchen, toilet.
                  What's more, there is room for all the toys here, including a concreted boat pad, with a fishing bench set to
                  it's side. The gardens and section are easy care yet absolutely delightful - full of colour and character. A
                  greenhouse, vegetable garden, fruit trees and even a children's playground compliment what is a very pretty
                  picture. Incorporating 7 main paddocks with a central race and a 2 bay stable, this property is ideal for horse
                  lovers. Two pony club sized arenas, or one full size eventing arena can comfortably fit directly outside the
                  main homestead so spectators can sit back, relax and watch the action. This whole glorious package is set at
                  the end of a driveway, away from any road noise allowing the occupants absolute serenity and peace. Get in
                  touch with me today to book your private tour of this wonderful property.









                                                                          PREPARED BY:
                                                                         B&W Real Estate



                                                  Licensed Real Estate Agent MREINZ REAA 2008
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