Nestled in the tranquility of a quiet cul-de-sac at 2/400 French Pass Road, Karapiro, Waipa, this freehold property is a charming blend of rustic elegance and modern comfort. Constructed in 2018 with iron walls and roof, both in good condition, the property boasts a floor area of 180sqm and sits on a generous 3867sqm section with an easy/moderate rise contour. It features one bedroom, four carparks, and is currently utilized as a half-living, half-workshop space with a potential to transform into a three-bedroom family home. The open-plan kitchen, dining, and living area is bathed in sunlight, complemented by large doors that open to a spacious concrete patio for outdoor leisure.
Boasting a CV of $1,135,000 as of August 2022, the property has seen a remarkable increase of 49.34% from its 2019 CV of $760,000. The HouGarden AVM estimates the property's value at $1,052,500, while the latest sale in 2017 was for $260,000. This is a prime investment opportunity with a clear trend of capital value growth.
For families with school-aged children, the property falls within the highly sought-after Cambridge High School and Cambridge Middle School zones, both with a decile rating of 9. This idyllic retreat, now priced at only $1,095,000, offers a peaceful life in close proximity to educational excellence and the convenience of town, while providing inspiring rural views.
Updated on May 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
5.38 km | 5 | 2 | 247m2 | 2024年05月03日 | $1,550,000 | Council approved | ||
0.62 km | 3 | 2 | 253m2 | 2024年03月27日 | $1,588,000 | Council approved | ||
4.45 km | 4 | 3 | 302m2 | 2023年12月28日 | $1,450,000 | Council approved | ||
5.52 km | 4 | 0m2 | 2023年12月12日 | $710,000 | Council approved | |||
4.36 km | 3 | 260m2 | 2023年11月29日 | $1,630,000 | Council approved |