19a King Street, Cambridge, Waipa

Nestled in the heart of Cambridge, at 19a King Street, this charming 1950s cottage offers a blend of character and modern conveniences. With 2 bedrooms, 1 bathroom, and a carpark, this home spans a floor area of 72 square meters on a level cross-lease section. The property boasts wood construction with an iron roof, both in average condition, reflecting its age since 1950. The open-plan living area, featuring a spacious kitchen, dining, and living space, opens through timber French doors to an extended deck with built-in seating - perfect for summer barbecues. Additional features include a handy laundry or storage room, a closed conservatory with extra storage, and refreshed bathroom facilities with chic tiling.

Over the past few years, the property has seen a significant increase in capital value, from $460,000 in August 2019 to $590,000 in August 2022, marking a 28.26% growth. The latest sale in October 2020 was at $530,000, slightly below the current HouGarden AVM of $577,500. This growth trajectory underscores the property's investment potential and appeal in the market.

Located in a prime school zone, the property is within the catchment area for Cambridge High School, Cambridge Middle School, and Cambridge East School, all highly regarded with decile ratings of 9 and 10. This makes it an ideal home for families seeking quality education options. Whether you're a first-time buyer or an investor, this property offers a perfect start in the sought-after Cambridge East location.