This dream property located at 1070 Kaipaki Road, Cambridge, Waipa, is a stunning five-bedroom lifestyle-improved home, perfect for those seeking charm and privacy. With its wood and iron construction dating back to 1920, the house stands on a level, freehold land of 7632m2, featuring an average condition of both wall and roof. The property boasts a spacious floor area of 354m2, including two bathrooms and provision for two car parks. The serene setting is complemented by mature trees, landscaped gardens, an orchard, and a gorgeous swimming pool, making it an ideal family home with ample space for pets of all sizes. A significant addition is a sleep-out with its own bathroom and toilet, enhancing the living space. The large kitchen, equipped with high-quality appliances and native timber flooring, is designed for entertaining, opening onto a covered all-weather entertainment area that overlooks the pool and garden. The property also benefits from its own bore water supply and a paddock suitable for a pony.
From a valuation perspective, the property has seen a significant increase in capital value, from $1,150,000 in August 2019 to $1,890,000 in August 2022, marking a 64.35% increase. The HouGarden AVM estimates the property's value at $1,857,500. Historical sales data reveals transactions at $670,000 in April 2012 and $252,000 in October 2002, showcasing the property's appreciating value over time.
In terms of education, the property is zoned for Cambridge High School, a secondary school with a decile rating of 9, and Kaipaki School, a full primary school with a decile rating of 8. This makes it an excellent choice for families prioritizing quality education for their children.
Updated on March 27, 2024.