Nestled at 48 Wakeman Road, Acacia Bay, Taupo, this residential property is aVacant lot with a Cross-Lease title. The home boasts 3 bedrooms and is set on a section with an easy/moderate rise contour,Undefined walls, and anUnknown roof, which may be a blank canvas for your dream renovation. The property's Capital Value (CV) has seen a remarkable increase of 99.12% from $226,000 in 2019 to $450,000 as of July 2022. The HouGarden AVM estimates the property's value at $417,500.
With a CV growth rate that's nearly doubled, this property is not just an investment but a golden opportunity. The recent sale history and the owners' motivation to sell make it even more attractive. The property includes a rear cross lease section, offering potential for land banking or development in a sought-after area where residential land is hard to come by.
For families, the school zone is a significant plus. Both Taupo School (Decile 5) and Taupo-nui-a-Tia College (Decile 5) are in the vicinity, ensuring quality education for your children. The location provides easy access to boat ramps, Beasley Park, lakeside walkways, and The Bay Brasserie, making it an ideal blend of convenience and lifestyle.
Updated on May 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.57 km | 4 | 2 | 200m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.50 km | 2 | 1 | 83m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.53 km | -m2 | Year 2024 Month 09 Day 13 | $225,000 | Council approved | |||
 | 0.61 km | 6 | 3 | 413m2 | Year 2024 Month 08 Day 28 | $1,550,000 | Council approved | |
 | 0.53 km | 4 | 259m2 | Year 2024 Month 07 Day 05 | $1,450,000 | Council approved |