Nestled on a quarter-acre of beautifully landscaped grounds in the serene Cambridge East, this charming 1930s bungalow on 11 Weld Street boasts a freehold title and a level contour. The well-maintained property features 3 bedrooms, 2 bathrooms, a modern open-plan living area with double glazed windows, and a cozy fireplace. Its exterior is complemented by a wood construction wall and an iron roof in good condition. With a floor area of 156 square meters and a land area of 1055 square meters, this residence includes a double garage and a carport for 3 cars.
Since August 2019, the capital value has seen a significant increase of 57%, reaching $1,240,000 in August 2022. The HouGarden AVM estimates the property at $1,190,000, while the latest sales history shows a progression from $404,500 in 2006 to $495,000 in 2014. This indicates a promising investment opportunity in a rapidly appreciating area.
For families with children, the property falls within the zones of Cambridge High School and Cambridge Middle School, both with a decile rating of 9, and Cambridge East School, rated a perfect 10. This dreamy character home offers a desirable lifestyle, within walking distance to town, schools, and the scenic Lake Te Koo Utu.
Updated on October 11, 2024