Set in a tightly held lakeside enclave, 786 Acacia Bay Road presents a compelling opportunity for investors*, land bankers or those seeking future development potential in the heart of Acacia Bay.
Positioned on approximately 989sqm, the property enjoys excellent elevation, sun and a peaceful setting just moments from the shores of Lake Taupo.
The existing dwelling offers immediate versatility, configured as two units - a one bedroom and a separate two bedroom accommodation, both compliant with Healthy Homes standards. This provides a valuable income stream from day one, helping to offset holding costs while you plan your next move.
Importantly, the home sits within the footprint of a proposed subdivision (consent already granted when combined with the neighbouring property at 788 Acacia Bay Road), offering flexibility to retain as a rental, land bank or explore future development options.
Equally, this property will appeal to holiday home purchasers, with ample space to accommodate a boat or campervan - a highly sought after feature in this popular lakeside destination, where boating and outdoor living are a way of life.
Acacia Bay is renowned for its relaxed lifestyle, with the local swimming beach, boat ramps and popular spots like The Bay Bar Brasserie and L’Arte Café all within easy reach.
A rare chance to secure a property with both immediate return and long term upside in a highly sought after location.
The neighbouring property, 788 Acacia Bay Road is for sale. Consent to subdivide has been granted if both properties are purchased together. Please copy and paste this listing number to view the neighbouring property on the Bayleys website: 2655826
*Subject to the property complying with the Residential Tenancies Amendment Act 2020 for the purposes of a rental investment.
