116 Grey Street, Cambridge, Waipa

Located at 116 Grey Street, Cambridge, Waipa, this thoughtfully designed residence is a gem in the heart of a vibrant community. The property, a Residential - Dwelling, boasts three bedrooms, two bathrooms, and one carpark, spread over a generous floor area of 190 m2. Sitting on a 621 m2 freehold section, the house features fibrous cement walls in good condition and an iron roof also in good condition, reflecting its 1983 construction. The level contour of the property adds to its appeal, providing a solid foundation for this delightful home.

Since its last sale in February 2016 for $510,000, the property has seen a significant increase in its capital value, reaching $940,000 by August 2022, marking a 46.875% growth. This increase is supported by a HouGarden AVM of $927,500. The property's history of capital value growth, from $640,000 in August 2019 to its current valuation, highlights its potential as a wise investment. The latest sales data underscores the property's appreciating value, with previous sales recorded at $418,000 in April 2014.

Education is a cornerstone of this property's appeal, located within the zones of highly regarded schools. Cambridge High School and Cambridge Middle School, both with a decile rating of 9, offer excellent secondary education options. For younger children, Cambridge East School and Goodwood School, each with a perfect decile rating of 10, provide outstanding primary education. This property is an ideal choice for families seeking quality education for their children.

Updated on March 21, 2024.