273 Peake Road, Cambridge, Waipa
price TBC
6
3
4
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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Located 19 km from Cambridge with 118 ha more or less (STT) of easy medium to steeper hill country used primarily for dairy young stock grazing. The current owners have focused on fencing, tracks, and fertiliser with annual applications ensuring that this farm is kept in superb order. Improvements include a well-positioned set of cattle yards and a gravity fed water system with troughs in every paddock. The farm is accessed off Gray Road with internal access provided by a well-maintained central farm race. Subdivision is mostly seven wire fencing with some three wire electric. This is a great opportunity to secure a strong-performing grazing block with exceptional views across the Waikato. And the added bonus is the Te Miro Mountain Bike Park is only a hop, skip and a step away too. Owner's instructions are to put this property on the market as it is surplus to requirements - they want this property sold. Potential to lease long term 2 x 40 ha titles off the vendor adjoining current 118.6 ha block being marketed. Excellent infrastructure and contour. Contact us today if you wish to view the farm.
By Negotiation
3
1
1
Tucked away from the road and surrounded by charming cottage-style gardens, this early 20th-century bungalow offers a serene lifestyle with modern conveniences. Recently redecorated, the home boasts timeless character and style, featuring an open-plan living space that flows seamlessly onto a sunny deck - perfect for morning coffee while soaking in the picturesque country views. Home Highlights: • Spacious Layout: Three generous bedrooms share a well-appointed family bathroom. A dedicated laundry room and home office are situated at the back, offering practical functionality for remote work. • Expansive Grounds: The home sits on a large lawn with mature trees, providing both beauty and privacy. A versatile garage/workshop at the front enhances utility. • Consented Function Center: At 165 sqm, this potential business opportunity is ideal for events or gatherings, featuring lush landscaping and ample parking. Additional Opportunities: A large workshop building and extra land offer endless possibilities. Create more gardens, or add space for campervans, boats, or trailers, expanding on the already generous outdoor areas. Prime Location: • Only a 250-meter walk to a popular country school, with convenient bus service to Cambridge's middle and high schools. • Just 7 km from Cambridge town center and 5 km from the expressway onramp, making commutes simple and easy. The vendors are motivated to sell! Don't miss the chance to explore this property's vast potential. For more details, contact us today.
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3
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2
This 5,000 m2 picturesque property presents a wonderful opportunity to embrace a tranquil lifestyle with stunning views of the Waikato countryside right through to the Coromandel. At its heart is a modern 160 m2 home featuring three bedrooms and one bathroom, blending comfort and practicality. Charming cedar doors and window frames add character, enhancing the home's rustic appeal. The open-plan layout connects the kitchen and dining areas, while the sleek Mono pitch roof showcases the country vistas and the view of your farmlet. Step outside to find an inviting outdoor living area, complete with decking and a cozy fire pit, ideal for relaxing and entertaining family and friends. Additionally, a spacious garage with an attached workshop or tool shed adds to the property's functionality. It has its own stock loading race - not so common for small blocks - which adds to the operationality of the block that currently runs a few sheep. Our vendors are motivated to sell as they are relocating. This property is genuinely for sale so don't miss out, call today.
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