2/105 Peake Road, Cambridge, Waipa

Nestled in a serene cul-de-sac on Peake Road, Cambridge, this freehold property boasts a capital value of $2,450,000 as of August 2022, showcasing a significant increase of 19.93% from its $2,060,000 valuation in August 2019. The 470m2 floor area, spread across 6 bedrooms and 2 carparks, is complemented by a Roughcast exterior and a robust Tiles roof, both in good condition. Constructed in 1992, this 2.15ha property features mature park-like gardens, tranquil ponds, a swimming pool, and additional amenities that speak of a luxurious lifestyle.

With a HouGarden AVM of $2,465,000, the property's latest sale history includes a transaction of $1,700,000 in August 2020 and $1,440,000 in April 2006. This impressive residence is located within the catchment area of Hautapu School, a decile 10 full primary, Cambridge High School, a decile 9 secondary school, and Cambridge Middle School, a decile 9 restricted composite school, making it an ideal choice for families with educational priorities.

Travelling up the private sealed laneway, you'll encounter a home that's perfect for a large family or a business venture, with potential for additional income from the self-contained one-bedroom suite. The strategic placement of the kitchen, the grand double-height foyer, and the master suite's private balcony all contribute to the allure of this property. Only minutes from Cambridge and St Peter's School, with convenient access to Hamilton and the Waikato Expressway, this property on Magnolia Lane is a prime find for the discerning purchaser.

Updated on September 19, 2024