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650 Cambridge Road, Te Awamutu, Waikato, 5 Bedrooms, 1 Bathrooms, House

Negotiation

650 Cambridge Road, Te Awamutu, Waikato

5
1
1
168500m2
HouseListed on Fri Sep 13
Most Popular

Te Awamutu 5 Bedroom Developers Delight

Covering 16.85 hectares (approx.) of flat land on Cambridge Road in Te Awamutu and zoned residential, this property is positioned directly behind the Mega Centre which includes Pak'n Save, Mitre 10, BNZ and Mahoe Medical Centre.

It presents a prime opportunity for housing development or the construction of an aged care complex as it is situated in close proximity to Te Awamutu's CBD. Part of the 'T11' growth cell, it is already zoned for residential development and the 'Waipiko Land' subdivision which is currently under construction next door.

Existing structures on the property include a five bedroom home, a modern four-bay steel-framed industrial shed and an older stable complex that has been converted into storage shedding.

Explore the potential, this is an opportunity you won't want to overlook.

* SOURCES FOR INFORMATION BELOW:

Waipa District Council

Waikato Regional Council

Property Guru

* C.V: $7,000.00

* L.V: $6,750,000

* W.D.C. Rates: $10,756.26 (approx.)

* W.R.C. Rates: $2,709.44 (approx.)

* Area: 16.8494 hectares (approx.)

Ref #4276464

Location

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Council Data

Last update : 2025 01 15
Improvement value$250,000Reduced by -60% from year 2019
Land value$6,750,000Increased by 208% from year 2019
CV(Year 2022 Month 08)$7,000,000Increased by 148% from year 2019
Land area168494m²
Floor area230m²
Title382503
Type of titleFreehold
Legal descriptionLOT 8 DP 395836
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 8 DEPOSITED PLAN 395836
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Fair
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pekapekarau School
0.83 km
Primary
1-6
Government
Co-Educational
EQI: 493
4
Te Awamutu Intermediate
1.09 km
Secondary
7-8
Government
Co-Educational
EQI: 479
5
Te Awamutu College
2.33 km
Secondary
9-15
Government
Co-Educational
EQI: 476
5

Property history

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Surrounding facilities

Cambridge Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.53 km
3
109m2
Year 2024 Month 12 Day 12
$620,000
Council approved
403 Gleneagles Drive, Te Awamutu
0.51 km
4
2
-m2
Year 2024 Month 11 Day 27
-
Council approved
736 Park Road, Te Awamutu
0.51 km
3
1
175m2
Year 2024 Month 10 Day 03
$722,000
Council approved
381 Gleneagles Drive
0.52 km
3
2
152m2
Year 2024 Month 09 Day 30
-
Council approved
1150 Cambridge Road, Te Awamutu
0.53 km
4
2
212m2
Year 2024 Month 08 Day 08
$790,000
Council approved

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Ref:1MNXGG8Last update:2024-10-17 09:46:10