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229 Shakespeare Street, Cambridge, Waikato, 3434

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Sold On

27 May 2025

SOLD BY SEAN SENIOR 021 023 17949

Set on an expansive 1,898 m² of flat land, this unique property presents an exceptional opportunity for families, investors, or developers. With three dwellings on-site, the options are endless — from multigenerational living to solid rental income or future development potential. For families: The main residence is a warm and inviting 4-bedroom, 2-bathroom home featuring beautiful wooden floors, generous living spaces, and a versatile layout. A self-contained studio apartment is connected via internal and external access, offering a private space for a family member, guest, or teen — complete with its own kitchen, lounge, and bathroom. For extended family or rental income: A modern 2-bedroom, 70m² standalone home was purpose-built just 6 years ago (costing just under $250,000) and offers comfortable, low-maintenance living. Extras: A large double garage with an attached workshop, plus a sparkling in-ground pool, completes the package — ideal for work, storage, or leisure. For investors: Rent out all three homes for excellent rental income, or explore the potential for further growth in this high-demand area. With three separate dwellings, this property offers flexibility and the opportunity for steady returns. For developers: While generating rental income from all three dwellings, you can begin the planning process for a potential 6–10 townhouse development (subject to council approval and design consent). Once you're ready to develop, the main house can be demolished, while the 70m² home could be relocated as a relocatable unit, and even the large double garage may be sold or reused. With flat terrain and easy access, this site offers a rare large-scale urban infill opportunity. Whether you're looking for space to grow, earn, or build — this property delivers.

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