


Listing Description
Cambridge Home & Income - Strong Yield!
Lot 44 Te Awa Rise Papatahi Road, Cambridge, Waipa, Waikato
Asking price $1,238,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | Single Garage |
| Agency reference | Lot 44 Te Awa Rise |
Description
A rare opportunity in Cambridge’s newest lifestyle subdivision, Te Awa Rise! This brand new home-and-income property offers the perfect blend of modern design, smart investment, and long-term flexibility. The main home features three spacious bedrooms, a light-filled open-plan living area, and contemporary finishes throughout. Enjoy seamless indoor-outdoor flow to a private, covered alfresco - ideal for family living or hosting guests. The secondary dwelling includes two bedrooms, a full kitchen, and separate entry - perfect for extended family, guests, or generating steady rental income. With a combined rental appraisal of $1,300 per week, this property offers an approximate 5.46% gross yield, making it an attractive choice for investors or homeowners wanting to offset their mortgage with additional income. Located in Te Awa Rise, one of Cambridge’s most sought-after new neighborhoods, this thoughtfully planned subdivision offers a harmonious blend of contemporary living and rural township charm - moments from local schools, cafés, and the vibrant town centre, with easy connections for commuting. Main Dwelling
- 3 bedrooms
- Master with ensuite and walk in robe
- Open plan kitchen/dining/living
- Covered Alfresco patio area
- Designer kitchen with quality stainless steel Bosch appliances
- Family bathroom
- Stacker slider doors from both living and dining, leading to well positioned outdoor living areas
- Feature covered entry
- Insulated single garage with laundry space Minor Dwelling
- 2 bedrooms separated by family bathroom
- Space for laundry in bathroom
- Open plan kitchen/dining/living
- Designer kitchen with quality stainless steel Bosch appliances
- Stacker slider doors from living and main bedroom, leading to well positioned outdoor living areas
- Feature covered entry Your new property will stand out with these extra features:
- Midland Euro Black Metallic brick with black mortar
- Vertical timber shiplap
- Inbuilt master WIR shelving system
- Double bowl vanity to master ensuite
- 1/2 black oxide to driveway and terraces
- Planting and specimen trees
- Timber slat fencing and gates Landscaping package:
- Hydroseeded lawn
- Landscaped gardens
- 1/2 Black oxide Concrete driveway & paths
- Slat fencing and gates as per plan
- Powdercoated steel letterbox
- Clothesline Fixed price contract - 10 year residential build guarantee - No PC sums or cost escalation clauses Get in touch with Julie to request an information pack today!
Open home times
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