34a Spencer Street, Leamington, Waipa

Nestled in the serene Leamington, at 34a Spencer Street, this charming 2-bedroom residence on a cross-lease title boasts an average brick exterior and a tiled roof, constructed in 1971. It offers a single carpark, a floor area of 120 square meters, and is maintenance-friendly. The property sits on a flat contour, providing a cozy environment with double glazing and additional amenities such as an office space in the garage, a garden shed, and a covered patio, perfect for first-home buyers or investors seeking a low-hassle investment. The capital value has seen a significant increase of 39.78% from $465,000 in 2019 to $650,000 in 2022, reflecting a promising investment growth. The HouGarden AVM estimates the property at $622,500, with the latest sale recorded at $570,000 in 2020, and a previous one at $270,000 in 2009.

As for the government valuations, the property has shown a consistent upward trend, indicating a sound investment. Regarding the school zone, this residence is privileged to be within the decile 9 zone for Cambridge High School, Cambridge Middle School, and Cambridge School, while Leamington School is a decile 7 institution, making it an ideal choice for families with educational priorities.

Updated on October 17, 2024