59 Racecourse Road, Cambridge, Waipa

Nestled in the highly coveted lifestyle locale of Cambridge, this 3-bedroom, 2-carpark residential bare block on 10.5 acres boasts a freehold title and a CV of $8,000,000 as of August 2022. Constructed in 2000 with robust brick walls and iron roofing, both in good condition, this property at 59 Racecourse Road features a level contour and a floor area of 220sqm. The last sale was in 1995 for $170,000, indicating a significant CV increase over the years.

With a history of stable growth in government valuations and a backyard estimate that promises potential, this property includes equestrian facilities that are a rider's dream. The capital value growth percentage is a testament to the investment potential, making it an elite equestrian estate with subdivision possibilities.

For families with educational considerations, this property falls within a school zone with highly rated institutions, ensuring access to quality education.

Updated on September 24, 2025