8 Kaaka Street, Cambridge, Waipa

Welcome to 8 Kaaka Street, an exceptional freehold property in the coveted Cambridge area. This residential dwelling, built in 2020 with mixed materials and tiled roof, stands on a level contour with a floor area of 265sqm and a land area of 616sqm. It boasts 7 bedrooms, 2 carparks, and is in good condition both in walls and roof. The property has seen a significant Capital Value increase of 51.11% from $900,000 in 2019 to $1,360,000 in 2022. The HouGarden AVM estimates the property at $1,367,500, with the latest sales recorded at $875,000 in 2020 and $340,000 in 2019.

For investors and families alike, the property is located in a prime school zone. Cambridge High School and Cambridge Middle School, both with a decile rating of 9, are in close proximity. Additionally, Cambridge East School and Goodwood School, both with a perfect decile rating of 10, are also nearby. This not only ensures quality education but also adds to the property's capital growth potential.

With weekly rental appraisals of $850 for the main 5-bedroom home and $500 for the attached 2-bedroom unit, this property presents a golden opportunity for home and income. Modern amenities like double glazing and heat pumps are included, making it an ideal blend of comfort, convenience, and investment potential.

Updated on September 27, 2024