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31 Racecourse Road, Cambridge, Waipa, Waikato, 3 Bedrooms, 2 Bathrooms, Lifestyle Property

Price by Negotiation

31 Racecourse Road, Cambridge, Waipa, Waikato

3
2
2
122m2
21120m2
Lifestyle PropertyListed on Mon Sep 2

Cambridge Deferred residential zoning

Location and zoning combined with adaptability to suit a wide range of lifestyle requirements in this prime location where opportunities of this degree seldom present for purchase.

In the heart of Cambridge, less than 3km from town, it provides a unique opportunity to enjoy a passive income and land bank for future development opportunities.

This attractive level site already benefits from established trees and hedging, giving potential purchasers scope to create a lifestyle to suit their own needs and being an exciting land banking prospect. This property is ideally positioned to train and house your prize thoroughbreds or enjoy an income from the land and dwellings directly opposite the Cambridge training track.

The main dwelling comprises of a large bedroom, a family bathroom, stylish living area and an open plan kitchen/dining room, a great use of space linking the expansive decking area via bi-folding doors. A separate flat hosts an open-plan kitchenette and living area with private patio, double bedroom and ensuite bathroom. Upstairs is a further studio bedroom or office space and opens many options for the purchaser.

An immensely popular area with families it has zoning for quality schools including Hautapu, Cambridge East, Cambridge High School plus St Peters school. Cambridge velodrome is less than five minutes from the entrance along with the NZ rowing academy at Karapiro via a short drive.

A rare window of opportunity enables the astute buyer to acquire 2.1120 ha (more or less) of exceptional land and facilities.

Contact Angela Finnigan to arrange a private viewing.

Location

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Council Data

Last update : 2024 12 11
Improvement value$300,000Reduced by -9% from year 2019
Land value$2,700,000Increased by 82% from year 2019
CV(Year 2022 Month 08)$3,000,000Increased by 65% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area21120m²
Floor area90m²
Decade of construction2000
TitleSA58A/971
Type of titleFreehold
Legal descriptionLOT 1 DPS 72337
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN SOUTH AUCKLAND 72337
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Mixed
Roof: Mixed

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cambridge Middle School
1.59 km
Combined
7-10
Government
Co-Educational
EQI: 431
9
Cambridge High School
1.93 km
Secondary
9-15
Government
Co-Educational
EQI: 445
9
Cambridge East School
2.09 km
Primary
1-6
Government
Co-Educational
EQI: 421
10
Hautapu School
2.81 km
Primary
1-8
Government
Co-Educational
EQI: 413
10

Property history

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For developers

Unitary plan:-
Land:21120m²
Title:Freehold

Surrounding facilities

Racecourse Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Hunter Lane, Cambridge
0.73 km
6
4
383m2
Year 2024 Month 10 Day 11
$1,760,000
Council approved
20 One Haruru Street, Cambridge
0.88 km
3
110m2
Year 2024 Month 09 Day 03
$780,000
Council approved
0.89 km
110m2
Year 2024 Month 08 Day 30
$772,000
Council approved
0.81 km
117m2
Year 2024 Month 08 Day 09
$772,000
Council approved
13 One Haruru Street, Cambridge
2.77 km
3
2
157m2
Year 2024 Month 07 Day 24
-
Council approved

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Ref:2315998Last update:2024-11-22 11:01:03