4a Everest Lane, Cambridge, Waipa

Nestled in the serene cul-de-sac of Everest Lane, this residential ownership home unit, built in 1976, offers a promising opportunity. The 2-bedroom, 1-bathroom, and single carpark property is set on a level contour with good condition fibrous cement walls and iron roofing. It features a spacious open plan living area of 100m², roomy bedrooms, and a heat pump for all round comfort. The property is on a Cross-Lease title and boasts a CV of $660,000 as of August 2022, showing a significant increase of 53.49% from the $430,000 CV in August 2019. The HouGarden AVM estimates the property value at $640,000, while the latest sale was recorded in 2013 at $215,000.

From an investment perspective, the property's capital value growth is impressive, making it an attractive prospect for both first-time buyers and keen investors. Its location is a key highlight, being conveniently close to top-rated schools such as Cambridge High School (Decile 9) and Cambridge East School (Decile 10), ensuring a quality education within the zone.

With a prime location, potential for renovation, and a strong CV increase, 4A Everest Lane is a gem in the Cambridge, Waipa area, ready for the right buyer to unlock its full potential.

Updated on August 15, 2024