51 Grosvenor Street, Cambridge, Waipa

Nestled in the serene Grosvenor Street, Cambridge, this freehold property is a charming residential dwelling. Constructed in 1960 with wood walls and an iron roof, it boasts 3 bedrooms, a single carpark, and a generous floor area of 103m2 on a sprawling 1012m2 section. The property presents an average wall and roof condition, setting a solid foundation for modernization. With a CV of $880,000 as of August 2022, it has shown a remarkable growth rate of 51.72% since August 2019. The HouGarden AVM estimates the property's worth at $842,500, while the latest sale in 1997 was for $160,000.

On the financial front, the property's capital value has seen a rapid increase, reflecting a promising investment opportunity. The well-established garden adds a serene touch, making it a peaceful retreat. Development enthusiasts will appreciate the subdivision potential, adding further value to this already attractive property.

When it comes to education, the property falls within the catchment area of top-performing schools. Cambridge High School and Cambridge Middle School, both with a decile rating of 9, are within easy reach, as is the Cambridge East School and Goodwood School, both rated 10. This combination of space, potential, and an excellent school network makes it an unparalleled choice for families seeking a quality lifestyle.

Updated on October 31, 2024