Nestled in the serene Nukuhau, Taupo, this 1999-built residence on 182 Acacia Bay Road offers a promising investment opportunity on a cross-lease title. The home boasts 3 bedrooms, 1 bathroom, and a single carport, with an open-plan living area that is warmth-efficient, thanks to the installed heat pump. Constructed with fibrous cement walls and an iron roof, both in average condition, this 85m2 floor area property is perched on a level contour, enjoying unobstructed views of the majestic Mt Tauhara and the picturesque Lake Taupo.
With a government valuation (CV) of $640,000 as of July 2022, the property has shown a remarkable increase of 62.44% from its $394,000 valuation in July 2019. The HouGarden AVM estimates the property at $612,500, while the latest sale history dates back to 2003 at $172,000 and 2002 at $141,000.
For families with school-aged children, the property falls within the catchment area of Taupo School and Taupo-nui-a-Tia College, both rated a decile 5.
Updated on April 09, 2024.