89 Hall Street, Cambridge

Subdivision consent has been granted for this Cambridge East property, but that is not the only option to consider. Here is your opportunity to secure a substantial home on a private tree-framed 994 sq m section in the iconic and ever-popular Hall Street. Centrally located, within walking distance of Cambridge Raceway, parks and schools (zoned for Cambridge East, Cambridge Middle and Cambridge High schools) and with easy access to the Waikato Expressway for Hamilton commuters. The 255 sq m brick house was built in 1961, with subsequent additions, and boasts five bedrooms, four bathrooms, four toilets, two heat pumps and a massive open-plan living area. Plenty of room for parking, with an extra-large double carport and concrete driveway. The section is safe for children and pets, fully fenced and gated at the rear. If you have a large or extended family, this home is an ideal option, enabling the family to come together but maintain a degree of separation, particularly with the four bathrooms and four separate entrances. Home and income is another option. The separate front rooms have previously generated income from Airbnb and the separate rooms at the rear have been let to boarders. If you are looking to build your brand-new dream home, you could live in the existing house throughout the process or maintain it as a rental. A current rental appraisal ($850 - $900 per week), Healthy Homes Standards Report and LIM are available. Or, if you want to generate rental income now as well as invest in the long-term growth of Cambridge, you could tenant the property and land-bank the subdivision consent to reap development rewards in the future. Now priced to please, with an asking price of $1,050,000 (Rateable Value $1,215,000). Contact Tony now for more information. There are open homes on Saturdays and Sundays. Some photos have been digitally staged. ...