Located at 6 Te Ia Terrace, Cambridge, Waipa, this residential vacant land spans 300 square meters with a freehold ownership type. The property's exterior and roof constructions are currently unknown, as well as the condition of both. The land is level, making it an ideal canvas for potential homeowners or developers. Despite the lack of buildings, which means no bedrooms, bathrooms, or floor area to account for, and no car parks on the property, its potential is undeniable.
Over the past few years, the capital value of this property has seen a significant increase, from $300,000 on August 1, 2019, to $495,000 on August 1, 2022, marking a 65% growth. The HouGarden AVM estimates the property's value at $475,000. The latest sale records show transactions at $285,000 on February 14, 2024, and $275,000 on October 19, 2021, indicating a steady interest in this locale.
The property falls within the zones for Cambridge High School and Cambridge Middle School, both of which boast a decile rating of 9. This highlights the quality of education available in the area, making it an attractive option for families considering the educational opportunities for their children.
Updated on April 04, 2024.