Nestled on a spacious 4801m2 of freehold land at 3/139 Maungakawa Road, Cambridge, this vacant lifestyle property is ripe for transformation. With an unknown roof and wall construction, it offers a blank canvas for your dream home aspirations. The level contour is complemented by panoramic rural views and established trees, providing a serene setting for a family sanctuary. Just a 7-minute drive from Cambridge town, it's a prime opportunity for those seeking the tranquility of rural living with the convenience of nearby amenities. The property's capital value stands at $850,000 as of August 2022, with a HouGarden AVM of $830,000. Its historical sale in 1998 was for $120,000, showcasing a significant increase over the years. This property is not just a piece of land; it's a potential haven waiting to be realized.
From a valuation perspective, the property has seen a substantial capital value growth, reflecting a promising investment for the future. The quiet cul-de-sac location adds to the appeal, ensuring a peaceful environment for family life. The unknown condition of the walls and roof presents an opportunity for modern updates, tailored to personal taste and requirements.
For families with children, the nearby school options are a significant draw. The excellent schooling network includes highly-rated institutions, ensuring a quality education for your family. This property not only offers space and potential but also a foundation for educational excellence.
Updated on August 28, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.49 km | 4 | 3 | 266m2 | Year 2025 Month 01 Day 20 | - | Council approved | |
 | 0.65 km | 4 | 2 | 259m2 | Year 2024 Month 11 Day 08 | $1,500,000 | Council approved | |
 | 0.31 km | 0m2 | Year 2024 Month 10 Day 02 | $825,000 | Council approved | |||
 | 0.38 km | 0m2 | Year 2024 Month 09 Day 23 | $850,000 | Council approved | |||
 | 0.26 km | 4 | 245m2 | Year 2024 Month 08 Day 29 | $1,250,000 | Council approved |