Nestled on a private, tree-framed 994 sq m section in the esteemed Hall Street, this freehold property is a gem in the heart of Cambridge. Constructed in 1960 with brick walls and an iron roof, the 255 sq m home boasts 5 bedrooms, 4 bathrooms, and 3 car parks. The capital value has seen a rapid increase of 39.66% from $870,000 in 2019 to the current $1,215,000. The HouGarden AVM estimates the property at $1,079,500, while the latest sales were for $1,050,000 in 2024 and $775,000 in 2017.
With a prime location in the Cambridge East school zone, the property is close to Cambridge High School (decile 9), Cambridge Middle School (decile 9), and Cambridge East School (decile 10), making it an ideal choice for families. The home has a spacious open-plan living area, two heat pumps, and is designed to cater to large or extended families with separate entrances and ample parking.
Whether you're looking for a family home, rental income, or a land-banking opportunity with subdivision consent already granted, this property offers options beyond options. Now priced attractively at $1,050,000, it's a chance not to be missed.
Updated on April 17, 2024