Page 6 - Comparable Market Analysis
P. 6

Comparative Market Analysis                                                    25 January 2019







                                           5 52 Marshall Avenue, Richmond Heights, Taupo2 Marshall Avenue, Richmond Heights, Taupo     33           11           11
                                           Last Sold   $390,000 - 30 Apr 18  Floor Area  90 m²
                                           Capital Value  $308,000 - 01 Jul 16  Roof  Steel/G-Iron
                                           Land Value  $139,000 - 01 Jul 16  Walls   Brick
                                           Land Use                      Building Age  1970-1979
                                           Land Area   620 m²


                  This little beauty will not last long! A great location and affordability is what is on offer here. It is the ideal
                  property for families, retirees or investors.
                  The property is within walking distance to the reputable Waipahihi Primary School and local Kindergarten. It
                  features three bedrooms, a separate toilet and bathroom. The open plan living room with fireplace is a bonus
                  to keep warm and toasty in the upcoming cooler months.

                  A large deck to the rear of the property is private and perfect for entertaining. The single garage and
                  workshop will be a huge plus for the handyman of the house. A fully fenced freehold 620m2 (more or less)
                  section is the perfect place for children and pets to run around.





                                           7 7 Ferney Place, Richmond Heights, Taupo Ferney Place, Richmond Heights, Taupo     33           11           22
                                           Last Sold   $415,500 - 27 Sep 18  Floor Area  90 m²
                                           Capital Value  $304,000 - 01 Jul 16  Roof  Steel/G-Iron
                                           Land Value  $140,000 - 01 Jul 16  Walls   Fibre Cement
                                           Land Use                      Building Age  1970-1979
                                           Land Area   759 m²


                  Ferney Place is a quiet cul-du-sac in Richmond Heights, Taupo. This could be a fantastic home with a little
                  elbow grease and TLC. At almost 760m2 (more or less), this freehold title is well fenced and flat. This will give
                  the family plenty of room to play or for you to establish a nice garden.
                  Entry level Richmond Heights, this three bedroom, one bathroom home offers huge potential to improve and
                  given time, there will be some capital gain ahead. Conveniently positioned at the main entrance, a large
                  carport will allow you to unload the car in all weathers or if parking up for the night a single garage plus
                  workshop.

















                                                                          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
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