640a Maungatautari Road, Cambridge, Waipa

Nestled in a prime location at 640a Maungatautari Road, Cambridge, Waipa, this vacant lifestyle property boasts a freehold title. With unknown exterior walls and roofing conditions, this 4641m2 flat section presents a unique opportunity to build your dream home. The property's potential is further enhanced by its proximity to Lake Karapiro, making it an ideal destination for water enthusiasts and outdoor lovers alike.

From an investment perspective, the property has seen a significant increase in its Capital Value, with a government valuation of $1,100,000 as of August 2022. The HouGarden AVM estimates the property's worth at $1,052,500, indicating a promising growth trend. Historically, this has been a scarce market with high demand, as evidenced by the recent sale history.

For families with children, the property falls within the catchment area of esteemed schools. 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, are among the notable institutions. Additionally, Leamington School, a contributing primary school with a decile rating of 7, offers further educational options.

Updated on May 02, 2024