1/31 Forrest Road, Cambridge, Waipa

Embrace the opportunity to own a vast 9419sqm of prime land at 1/31 Forrest Road, a quiet cul-de-sac in Cambridge, Waipa. This freehold property, with unknown roof and wall construction, presents a blank canvas for constructing your ideal home amidst a levelled terrain. The absence of specified bedrooms and bathrooms allows for customization to your heart's content. Historically, the capital value has seen a remarkable increase of 74.55%, jumping from $550,000 in 2019 to $960,000 in 2022. HouGarden AVM estimates the property's worth at $922,500. This is not just land; it's a potential investment with a promising future.

With regards to the property's valuation, the recent sale history and rapid capital value growth indicate a sound investment. The property's strategic location near top-performing schools, such as Hautapu School (Decile 10), Cambridge High School (Decile 9), and Cambridge Middle School, adds to its allure. These educational institutions ensure a quality education is within arm's reach.

Education takes center stage with this property being in a sought-after school zone. The nearby Hautapu School provides a full primary education, while Cambridge High School and Cambridge Middle School cater to secondary and intermediate levels respectively. All these schools are highly rated, promising a bright future for your children.

Updated on October 29, 2024