31 Arnold Street, Leamington, Waipa

Nestled in the tranquility of 31 Arnold Street, Leamington, Waipa, this Residential Dwelling is a charming 2-bedroom, 1-bathroom home with a single carpark. Constructed in 1985 with Iron roofing and Fibrous Cement walls in good condition, it sits on a level contour. Freshly painted and move-in ready, the compact home boasts an open plan modern kitchen, dining, and living area, with two double bedrooms and a new bathroom, ideal for a first home buyer or downsizers. The conservatory is a perfect spot for morning coffee. The property, with a Cross-Lease ownership, has a floor area of 72 square meters and is valued at $520,000 as per the latest government valuation in August 2022, showing a significant increase of 44.44% from the $360,000 valuation in August 2019. The HouGarden AVM estimates the property at $485,000, while the latest sales were recorded at $105,000 in 2003 and $88,000 in 2001.

With a CV increase that outpaces the market, this property is not just a cozy home but also a sound investment. The location is further enhanced by the highly rated school zones, including Cambridge High School (Secondary, Decile 9), Cambridge Middle School (Restricted Composite, Decile 9), and Leamington School (Contributing, Decile 7), making it an attractive option for families.

Whether you're seeking a starter home or an investment in a prime school district, this property presents a warm and inviting opportunity in a quiet cul-de-sac.

Updated on May 17, 2024