27 Te Urunga Place, Acacia Bay, Taupo

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