Nestled on an elevated site of approximately 5000m2, this freehold property at 2/1111 Maungatautari Road, Cambridge, offers an entry-level lifestyle amidst prime pastoral land. The 4-bedroom, 186m2 home, built in 1950, boasts mixed materials for walls and iron for the roof, both in average condition. It features a cozy living space with a fireplace for winter and a deck that captures the sun and stunning views of Maungatautari Mountain. The property includes a double garage, an older-style swimming pool, and matured grounds, with an additional paddock for pets. Notably, the capital value has seen a growth of 48.57% from $700,000 in 2019 to $1,040,000 in 2022, while the HouGarden AVM estimates it at $1,042,500.
Historically, the property's value has shown a significant increase, reflecting a promising investment. The site's privacy is enhanced by its position well setback from the road, offering tranquility in this quiet cul-de-sac. This property is not just a home but a country escape that must be seen to be appreciated.
For families with school-aged children, the property falls within the Cambridge High School zone, a secondary school with a decile rating of 9, ensuring quality education for your loved ones.
Updated on September 11, 2024