273 Peake Road, Cambridge, Waipa
price TBC
6
3
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Two Homes - One Exceptional Opportunity
Our vendors are ready to move, and this property must be sold, creating a rare opportunity to secure 2.5ha in a prime location just minutes from Cambridge, with multiple income, development, and lifestyle angles to explore. Whether you're an investor seeking dual income, a developer looking at future potential, or a multi-generational family wanting space and flexibility, this is a property that deserves immediate attention. Set on approximately 2.5 hectares, the property offers two dwellings and a layout that delivers genuine versatility. The main home is a substantial five-bedroom residence that has previously returned $900 per week, offering excellent rental appeal and clear scope for a new owner to add value. The second dwelling is a recently modernised 120sqm home, complete with generous living spaces, a modern kitchen and bathroom, and the flexibility to occupy, rent, or Airbnb depending on your goals. The land itself is a true blank canvas - ideal for buyers wanting to re-establish equine facilities, re-fence for grazing, or continue developing the existing plantings into a private lifestyle oasis. With multiple access points already in place, the property offers practical functionality now while also opening the door to future development or subdivision potential (subject to council approval), adding another compelling dimension for strategic buyers. Properties this close to town, with two homes, multiple income streams, add-value upside, and possible subdivision potential, are tightly held and increasingly hard to find. Act quickly to secure a versatile Cambridge lifestyle holding with serious upside.
273 Peake Road, Cambridge, Waipa
Web ID
CBL207508
Land area
2.50 ha
District rates
$7024.49pa
LV
$1,000,000
6
3
4
price TBC
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