1/193 Racecourse Road, Cambridge, Waipa

Nestled in the tranquility of a quiet cul-de-sac on Racecourse Road, Cambridge, this freehold property boasts a generous 162 square meters of floor area and spans across 6,007 square meters of land. Constructed in the 1950s with wood walls and an iron roof, the average-conditioned 4-bedroom home has seen a significant refurbishment, offering modern amenities and comfortable living spaces. With a CV of $1,305,000 as of August 2022, the property has shown a remarkable growth of 48.30% from its August 2019 valuation of $880,000. The latest sales history includes a transaction in 2020 for $910,000 and another in 2010 for $450,000, indicating a consistent increase in value. The property is estimated at $1,255,000 by HouGarden AVM, presenting a potential investment opportunity.

For families with school-aged children, the property falls within the zones of Hautapu School, a full primary with a decile rating of 10, Cambridge High School, a secondary school with a decile rating of 9, and Cambridge Middle School, a restricted composite school also with a decile rating of 9. This ensures access to quality education within close proximity.

Set amidst picturesque rural surroundings, the property invites you to enjoy a serene lifestyle with the convenience of being near town. Whether it's sipping your morning coffee on the deck, watching livestock graze, or tending to your vegetable garden, this property offers a perfect blend of tranquility and modern living.

Updated on October 18, 2024