50 Ihimaera Terrace, Leamington, Waipa

Nestled at 50 Ihimaera Terrace, Leamington, Waipa, this charming residential dwelling boasts 3 bedrooms, a spacious open-plan living and dining area, and a well-appointed kitchen with ample bench space. Constructed in 2014 with brick walls and tiled roofing, this freehold property sits on a level 487sqm land area, offering a sense of grandeur from its elevated position at the end of a quiet cul-de-sac. The property includes 2 carparks and a large garage, with the entire package being move-in ready. Notably, the capital value has seen a remarkable increase of 50.82% from $610,000 in 2019 to $920,000 as of August 2022, while the HouGarden AVM estimates it at $857,500. The latest sales history shows a sale in 2014 for $415,000 and another in 2010 for $373,000, indicating a consistent appreciation in value.

As for the government valuations, the property has shown a steady climb in value. Regarding the school zone, the Cambridge High School, Cambridge Middle School, and Cambridge School all have a decile rating of 9, while Leamington School stands at a decile 7. This makes the property an attractive prospect for families with school-aged children.

With its prime location, solid construction, and promising investment potential, this home presents a compelling opportunity for those seeking value for money.

Updated on July 11, 2024