93 Thornton Road, Cambridge, Waipa

Located at 93 Thornton Road, Cambridge, Waipa, this residential dwelling boasts a prime location with views over the Karapiro stream gully back to Carters Flat and the Maungakawa Hills. The property sits on a generous 2042m2 section, offering a 1960s contemporary four-bedroom home with a basement double garage, a large separate workshop, and a level property contour. The house features brick wall construction and an iron roof, both in average condition. With a floor area of 170m2, this freehold property is ideal for renovators, developers, land bankers, and families looking to make their mark.

Since its last government valuation in August 2018 of $720,000, the property has seen a significant increase in capital value, reaching $1,310,000 by August 2022, marking an 81.94% growth. The latest sale recorded on December 20, 2023, was at $830,000, while the HouGarden AVM estimates its value at $1,255,000. This property's value has consistently appreciated, making it an attractive investment opportunity.

Education is a priority, and this property does not disappoint, being zoned for Cambridge High School, Cambridge Middle School, and Cambridge School, all of which boast a decile rating of 9. This ensures access to quality education, making it an ideal location for families.

Updated on April 06, 2024.