2 Cherry Lane, Acacia Bay, Taupo

Located at 2 Cherry Lane, Acacia Bay, Taupo, this Residential - Dwelling is a true gem. With its wood construction and iron roof, the property has maintained an average condition since its build in 2000. It features three bedrooms, a spacious floor area of 244 square meters, and sits on a generous land area of 817 square meters. The property is a freehold, ensuring complete ownership. Its level contour adds to the ease of access and enjoyment of the outdoor space.

From a financial perspective, the property has seen a significant increase in capital value, from $850,000 in July 2019 to $1,350,000 in July 2022, marking a 58.82% increase. The latest sale on January 18, 2024, was at $1,375,000, slightly above the HouGarden AVM of $1,295,000. This growth trajectory underscores the property's solid investment potential.

In terms of education, the property falls within the zone for Taupo School and Taupo-nui-a-Tia College, both of which have a decile rating of 5. This location offers a balanced educational environment, making it an ideal choice for families.

Updated on April 06, 2024.