This delightful 2-bedroom, 1-bathroom unit, set in a quiet cul-de-sac of Leamington, presents an ideal opportunity for first-time buyers, retirees, or shrewd investors. Constructed in 1970 with brick walls and an iron roof, this cross-lease property exudes a charming sense of privacy and low maintenance living. The interior spans a comfortable 69sqm, complemented by a single carpark and a spacious backyard that invites relaxation and entertainment. Notably, the capital value has surged by 42.17% over the past three years, from $415,000 to $590,000, showcasing a promising investment potential. The HouGarden AVM estimates the property at $547,500, while the latest sales history includes transactions at $395,000 in 2018 and $225,000 in 2007.
For families with school-aged children, the property falls within the highly sought-after zones of Cambridge High School and Cambridge Middle School, both decile 9, and Leamington School, a decile 7 institution. This addresses a key highlight for those valuing education and convenience. The combination of a peaceful locale, solid property appreciation, and access to quality education makes this property an attractive prospect for any buyer.
Boasting a serene environment with a well-manicured lawn and a garden setting, this home offers a retreat from the hustle and bustle while maintaining proximity to the heart of Leamington. It's a chance not to be missed, where the allure of a tranquil lifestyle meets the practicality of a strategically located home.
Updated on June 17, 2024