Nestled in the tranquility of a quiet cul-de-sac at 918 Oreipunga Road, Cambridge, this Freehold property boasts a modern, double glazed, three-bedroom home with a floor area of 139 square meters. Constructed with wood walls and an iron roof in 2021, the building stands in good condition both inside and out. The 2.39-hectare (5.9 acres) plot is complemented by a stunning view of Mt Maungatautari and offers ample space for a variety of pursuits, whether it's raising livestock or simply enjoying the rural lifestyle. The property, valued at $1,050,000 according to the latest government valuation, has seen a significant price reduction of $60,000 by the vendors, making it an attractive opportunity for lifestyle seekers.
With a HouGarden AVM of $1,015,000, the property presents a solid investment, especially considering the 2.4% increase in Capital Value over the past year. The recent sales history in the area further reinforce the value of this property. The Te Awamutu College, a secondary school with a decile rating of 5, is in the school zone, adding to the appeal for families.
Centrally located with easy access to Cambridge, Te Awamutu, and Arapuni, this property not only offers a peaceful lifestyle but also the convenience of being in a family-friendly neighborhood with a well-regarded school network.
Updated on October 11, 2024