8a Grosvenor Street, Cambridge, Waipa

Nestled in the heart of Cambridge, at 8a Grosvenor Street, this cozy three-bedroom family home exudes charm with its private backyard and low-maintenance gardens. Built in 1920, the residence boasts wood walls and an iron roof in average condition, sitting on a level contour. It's a cross-lease property with a floor area of 107 square meters and a single carport. The capital value has seen a rapid increase of 47.87% from $470,000 in 2019 to $695,000 as of 2022, with the HouGarden AVM estimating the property at $690,000. The latest sale was recorded on September 13, 2024, at $650,000.

For families with school-aged children, the property falls within the zones of Cambridge High School (decile 9) and Cambridge Middle School (decile 9), and is in close proximity to the highly rated Cambridge East School (decile 10). The location is not only convenient for education but also for leisure, with Lake Koo Utu Reserve nearby and easy access to the town center, cafes, and restaurants.

This property is a renovator's dream, offering potential for transformation while already providing a warm and inviting living space with a charming deck, a separate dining area, and a practical kitchen. The added bonus of a possible fourth bedroom or home office in the outbuilding makes it an attractive option for a variety of buyers, from first-home seekers to investors.

Updated on November 06, 2024