Nestled on a level 600 square meter freehold section at 9 Silverwood Lane, Leamington, Waipa, this residential vacant property is shrouded in potential. While the specifics of the exterior walls and roof construction remain unknown, the property's prime location and freehold title present a solid investment opportunity. With no specified number of bedrooms, bathrooms, or carparks, this property offers a clean slate for future development.
Boasting a capital value of $560,000 as of August 2022, the property has seen a significant increase in value. The HouGarden AVM estimates the property's worth at $552,500, while the latest sale history shows a sale price of $503,000 in October 2024, and $425,000 in May 2021, indicating a substantial growth percentage. This trend highlights the property's increasing desirability and investment potential.
For families with educational considerations, the property falls within the zones of Cambridge High School, a secondary school with a decile rating of 9, Cambridge Middle School, a restricted composite school also with a decile rating of 9, and Leamington School, a contributing primary school with a decile rating of 7. These institutions offer a high standard of education and are a significant draw for families.
Updated on November 13, 2024