Located at 262 Taotaoroa Road, Karapiro, Waipa, this lifestyle property is a gem nestled midway between Matamata and Cambridge. The property boasts a 170sqm floor area on a sprawling 5,305sqm land, offering a serene and spacious country living experience. Built in the 1960s, this classic Hinuera Stone home features four spacious bedrooms, an office, a family bathroom, a separate toilet, and a laundry area. The modern kitchen, complete with a walk-in pantry, serves as the heart of the home, leading to an open-plan living area that seamlessly connects to a covered outdoor patio—perfect for alfresco entertaining. The property is well-equipped for storage, with internal access to triple garaging that includes an extra toilet and storeroom, plus a generous four-bay shed with a high stud for larger vehicles or boats. Mature trees and plantings provide privacy and character, while a variety of fruit trees and four well-fenced paddocks offer ample space for gardening and grazing.
From a financial perspective, the property has seen significant growth, with its capital value increasing from $510,000 in July 2018 to $720,000 in July 2021, marking a 41.18% increase. The latest sale on January 18, 2024, was at $970,000, up from $150,000 in June 1997, showcasing the property's substantial appreciation over time. The HouGarden AVM estimates the property's value at $705,000, indicating its desirability in the current market.
In terms of education, the property falls within the zones of Cambridge Middle School, a Restricted Composite (Year 7-10) with a decile rating of 9, and Hinuera School, a Contributing school with a decile rating of 7. These schools offer quality education options, making this property an ideal choice for families looking for a blend of country living and educational opportunities.