31 Racecourse Road, Cambridge, Waipa

Deferred residential zoning

Location and zoning combined with adaptability to suit a wide range of lifestyle requirements in this prime location where opportunities of this degree seldom present for purchase.
In the heart of Cambridge, less than 3km from town, it provides a unique opportunity to enjoy a passive income and land bank for future development opportunities.
This attractive level site already benefits from established trees and hedging, giving potential purchasers scope to create a lifestyle to suit their own needs and being an exciting land banking prospect. This property is ideally positioned to train and house your prize thoroughbreds or enjoy an income from the land and dwellings directly opposite the Cambridge training track.
The main dwelling comprises of a large bedroom, a family bathroom, stylish living area and an open plan kitchen/dining room, a great use of space linking the expansive decking area via bi-folding doors. A separate flat hosts an open-plan kitchenette and living area with private patio, double bedroom and ensuite bathroom. Upstairs is a further studio bedroom or office space and opens many options for the purchaser.
An immensely popular area with families it has zoning for quality schools including Hautapu, Cambridge East, Cambridge High School plus St Peters school. Cambridge velodrome is less than five minutes from the entrance along with the NZ rowing academy at Karapiro via a short drive.
A rare window of opportunity enables the astute buyer to acquire 2.1120 ha (more or less) of exceptional land and facilities.
Contact Angela Finnigan to arrange a private viewing.