Potential for a future development and capital gain. Rarely does such a gilt-edge property come to the market. 568 Tirau Road is located just 7km from the Cambridge town clock and Karapiro village is a mere 1km approx.
The 1970's elevated four-bedroom home with two bathrooms is in average condition with views to the north. There is a huge car and workshop basement with numerous sheds and outbuildings. The balance of farmland currently fattens cattle.
Waipa District Council definition of Large Lot Residential Zone which encompasses this Karapiro property is as follows:
The name 'Large Lot Residential' reflects the predominantly residential nature of the zone, which has a lower density and a more rural feel than in the Residential Zone. The areas covered in the previous Waipa District Plan by the Rural Residential Policy Area have been incorporated into this zone along with the smaller villages and some proposed new areas. People living in this zone are generally seeking to live in a semi-rural environment, while remaining within commuting distance to urban centres.
The current RV of $2.210M could be a fair price guide. For more information and to make an appointment to view please contact Martin on 027 497 0830.
4
2
2
6.41ha
