Nestled at 27 Te Urunga Place, Acacia Bay, Taupo, this impressive residential dwelling boasts 6 bedrooms, 3 bathrooms, and 2 car parks. Constructed in 2005 with roughcast walls and tiled roofing, the property sits on a steep rise with a floor area of 413sqm and a land area of 1638sqm. It is a freehold property with average wall and roof conditions. The capital value has seen a rapid increase of 44.75% from $1,285,000 in 2019 to $1,860,000 in 2022. Currently operating as a successful 5-star luxury holiday home, it has generated a gross income of $176,993 for the year ending 2024. The latest sale history includes transactions in 2020 for $1,150,000 and in 2000 for $157,000. The HouGarden AVM estimates the property value at $1,714,500. In terms of education, the property falls within the zones of Taupo School (decile 5) and Taupo-nui-a-Tia College (decile 5).
With stunning views of the lake and township, this property offers multiple entertainment areas, a bubbling spa, gas underfloor heating, partial double glazing, and a double-sided gas fireplace. The extra-large double garage with ample storage is perfect for water sports enthusiasts. This is an investment opportunity not to be missed, ideal for savvy investors looking for a grand holiday home with substantial capital gains potential.
As for the school network, both Taupo School and Taupo-nui-a-Tia College are rated decile 5, ensuring quality education for the family.
Updated on August 28, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 3.15 km | 4 | 2 | 200m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.29 km | 2 | 1 | 83m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.44 km | -m2 | Year 2024 Month 09 Day 13 | $225,000 | Council approved | |||
 | 0.79 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 01 | - | Council approved | |
 | 3.31 km | 4 | 259m2 | Year 2024 Month 07 Day 05 | $1,450,000 | Council approved |