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1242 Kaipaki Road, Cambridge, Waipa, Waikato, 4 Bedrooms, 2 Bathrooms, Home & Income

Tender20/03, Thursday 16:00

1242 Kaipaki Road, Cambridge, Waipa, Waikato

4
2
2
190m2
8330m2
Home & IncomeListed on Wed Feb 12
Most Popular

Cambridge 4 Bedroom Lifestyle meets investment – A unique opportunity

The ultimate in heritage charm and country living, character filled, with magnificent established gardens, grounds and trees, we offer an iconic homestead, in the heart of Cambridge’s equine country. Home also to the highly regarded Lily Pad café, and a design studio, 1242 Kaipaki Road offers a dreamy lifestyle, and a passive income stream from two long standing leases, as well as endless opportunities to capitalise on this unique pairing.

The four-bedroom, two-bathroom residence, on 8,330sqm (more or less), blends timeless appeal with modern comfort, offering an inviting retreat just minutes from Cambridge township. Inside, polished native timber floors, bay windows, and high ceilings reflect the homes heritage, while contemporary updates ensure effortless living. Bi-folding windows flood the home with natural light, drawing in the surrounding greenery and connecting the living spaces to the outdoors making it an ideal space for family life and entertaining.

The covered verandah is an extension of the home and leads to a private in-ground swimming pool, offering the perfect setting for summer gatherings. Outdoor dining with a fireplace, provides additional space to entertain or relax together as a family. The rustic double garage with loft space is juxtaposed with the elegant character of the adjacent home, and adds versatility, whether for extra storage, a home office, or a creative studio.

Step through the garden gates and into the Designers Co- lab and well-known Lily Pad Cafe, leased out and operating seamlessly on-site with full height hedging giving the feeling that it’s a world away. Accessible to the public via a separate entrance way with plenty of parking, its easy to let the imagination run wild with the potential to create further synergy between home life and commercial potential.

A property like no other, we offer this rare opportunity to the market by way of Tender, closing on 20 March 2025 (unless sold prior)

Location

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Council Data

Last update : 2025 02 19
Improvement value$1,290,000Increased by 316% from year 2019
Land value$1,120,000Increased by 75% from year 2019
CV(Year 2022 Month 08)$2,410,000Increased by 153% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area8330m²
Floor area189m²
Decade of construction1930
Title481774
Type of titleFreehold
Legal descriptionLOT 2 DP 421370
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 421370,8330m2
ConstructionExternal Walls: Wood
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cambridge Middle School
2.75 km
Combined
7-10
Government
Co-Educational
EQI: 431
9
Leamington School
3.03 km
Primary
1-6
Government
Co-Educational
EQI: 438
7
Cambridge High School
4.01 km
Secondary
9-15
Government
Co-Educational
EQI: 445
9
Kaipaki School
5.34 km
Primary
1-8
Government
Co-Educational
EQI: 432
8

Property history

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Surrounding facilities

Kaipaki Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.96 km
4
0m2
Year 2024 Month 11 Day 19
$555,000
Council approved
0.82 km
3
2
200m2
Year 2024 Month 11 Day 15
$1,040,000
Council approved
0.87 km
4
187m2
Year 2024 Month 11 Day 01
$921,000
Council approved
0.89 km
0m2
Year 2024 Month 10 Day 08
$503,000
Council approved
14 Hauhake Terrace, Leamington
0.95 km
0m2
Year 2024 Month 09 Day 19
$460,000
Council approved

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Ref:2350862Last update:2025-02-14 08:05:36