88 Browning Street, Leamington, Waipa

This exceptional property located at 88 Browning Street, Leamington, Waipa, offers a unique opportunity for those looking to invest in a substantial family home or seeking development potential. With 6 bedrooms and 2 bathrooms spread over a generous floor area of 320m², and sitting on a 905m² freehold land parcel, this residence is built with concrete walls and an iron roof, both in average condition, dating back to 1972. The property's contour presents an easy to moderate fall, ideal for various landscaping or development projects.

From a financial perspective, the property has seen a significant increase in capital value, growing from $720,000 in August 2019 to $990,000 in August 2022, marking a 37.5% increase. The HouGarden AVM estimates its value at $950,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $390,000 in April 2006 and $590,000 in October 2016. This trajectory underscores the property's excellent investment potential and its appeal in the current market, now priced at $859,000.00 negotiable.

Education is a priority for many families, and this property does not disappoint. It falls within the zones for Cambridge High School and Cambridge Middle School, both with a decile rating of 9, and Leamington School with a decile of 7. These schools offer quality education options for children of various age groups, making it an ideal location for families. The peaceful neighborhood, proximity to transport, shops, schools, and the natural surroundings with a park across the road, further enhance its appeal as a family-friendly home.

Updated on April 05, 2024.