786 and 788 Acacia Bay Road, Acacia Bay, Taupo, Waikato

Tender closing 4pm, Friday 21 November 2025 (unless sold prior) 44 Roberts Street, Taupo

Rare dual property release after more than 50 years of family ownership: 786 and 788 Acacia Bay Road present a truly unique opportunity offering endless potential in one of Taupo’s most sought after lakeside locations.

With Council consent now granted to subdivide, the combined landholding into four freehold titles, the options here will appeal to builders, developers, and astute investors* alike. To complete the subdivision, both sites must be owned together, but each property can also be purchased individually — giving flexibility to suit your vision.

786 Acacia Bay Road, the adjoining lot covers 989sqm (more or less) and enjoys similar elevation and sun. The property includes a dual-unit dwelling — a one bedroom unit plus a separate two bedroom unit — both compliant with Healthy Homes standards, offering immediate rental income* to offset holding costs. This home sits within the area of one of the proposed new sections, allowing for flexibility in future development or continued investment use.

788 Acacia Bay Road spans approximately 1,136sqm, rising gently from the road to a sun soaked elevated position with breath taking lake and township views. The outlook across Lake Taupo is truly spectacular, with twinkling town lights at night and shelter from the prevailing south westerly winds. The original 1950’s dwelling remains on site — currently in poor condition — but presents a project opportunity for an energetic builder or those keen to remove and rebuild.

This highly desirable area of Acacia Bay is loved for its relaxed community feel and proximity to the lake. The main swimming beach is just a short stroll away, while boat launching facilities are only minutes from your doorstep. Enjoy nearby amenities including the Acacia Bay Store and Bay Brasserie bar and Restaurant, or wander up Mapara Road for coffee and art at L’Arte Café and Gallery.

For developers, the consented subdivision offers the chance to create four premium sections, each perfectly positioned to capture sun, shelter and stunning lake views. Imagine the modern architectural homes that could grace this elevated site — designed to make the most of the scenery and location that make Acacia Bay so special.

*Subject to the property complying with the Residential Tenancies Amendment Act 2020 for the purposes of a rental investment.