12 Te Rerenga Terrace, Cambridge, Waipa

Nestled on a level 405 square meter freehold section at 12 Te Rerenga Terrace, in the serene Cambridge, Waipa, this residential-vacant property offers a promising investment. While the specifics of the interior, such as the number of bedrooms and bathrooms, are not provided, the property presents a blank canvas for potential development. The exterior is shrouded in mystery, with the wall and roof construction being unknown, adding an air of intrigue to this property. The capital value has seen a significant increase, rising from $335,000 in August 2019 to $420,000 as of August 2022, marking a growth of 25.37%.

As for the financials, the property's latest sale on July 31, 2024, was for $430,000, closely matching the HouGarden AVM estimate of $422,500. This indicates a stable and potentially rising market value for the property in this quiet cul-de-sac.

For families with school-aged children, the property falls within the zones of both Cambridge High School, a secondary school with a decile rating of 9, and Cambridge Middle School, a restricted composite school also with a decile rating of 9. This ensures access to quality education within the community.

Updated on September 18, 2024