Nestled in the highly sought-after Cambridge East, 37 Princes Street presents a charming residential dwelling on a freehold section. This 1996-built home boasts 3 bedrooms, 2 carparks, and a generous floor area of 180sqm, all set on a manageable 533sqm plot. The roughcast exterior walls and iron roof are in good condition, ensuring both durability and aesthetic appeal. The property has experienced a Capital Value (CV) growth of 4.43%, from $790,000 in 2019 to $825,000 as of 2022, reflecting its increasing desirability. The HouGarden AVM estimates the property's value at $805,000, while the latest sale history shows a significant increase from $266,000 in 1997 to $452,500 in 2008.
For families, the property falls within the catchment area of top-rated schools, including Cambridge High School (Decile 9) and Cambridge Middle School (Decile 9), with Cambridge East School (Decile 10) being a contributing school. This address offers a tranquil lifestyle with easy access to local amenities, cafes, and the picturesque Lake Te Kooutu. The private and covered outdoor living area with roll-down blinds is perfect for relaxation, while the internal access double garage adds convenience.
With a vendor keen to move, this is an opportunity not to be missed. The property offers a combination of location, space, ambiance, and privacy that is hard to find. If you're looking for a fairer deal, our commission rate is just 2.8% on the first $300k and 1.8% on the balance, plus GST. This attractive property on Princes Street is ready for its next chapter.
Updated on August 14, 2024