310 Lamb Street, Leamington, Waipa

Nestled in a serene cul-de-sac of Leamington, this charming property on 310 Lamb Street boasts a freehold title and a spacious floor area of 110m². Constructed in 1989 with fibrous cement walls and an iron roof, both in average condition, the home offers 2 bedrooms, 2 carparks, and sits on a levelled 9,110m² land. The capital value has seen a remarkable increase of 70.06% from $835,000 in 2019 to $1,420,000 as of 2022, while the HouGarden AVM estimates it at $1,300,000. This property is not just an attractive investment, but also a lifestyle choice, being in the catchment area of esteemed schools such as Cambridge High and Middle Schools, both with a decile rating of 9, and Leamington School with a rating of 7.

With potential for subdivision, thanks to its Large Lot Residential zoning, this property presents a golden opportunity for developers or investors. The existing home, a cozy 1980s structure, offers comfort while allowing room for modern enhancements. Its location provides a perfect blend of tranquility and convenience, with easy access to Cambridge town center, the scenic Karapiro Walkway, and the serene Lake Karapiro.

For families seeking top-notch education, the property falls within the desirable school zones of Cambridge High School (Year 9-15), Cambridge Middle School (Year 7-10), and Leamington School, ensuring a quality education for children of all ages. This is a rare chance to secure a property that not only promises a peaceful lifestyle but also holds significant potential for future growth.

Updated on December 04, 2024