88 Shakespeare Street, Leamington, Waipa

Nestled in the heart of Leamington at 88 Shakespeare Street, this Residential - Dwelling is a perfect blend of convenience and comfort. The 2-bedroom unit, built in 1974 with concrete walls and an iron roof, offers an average condition throughout. It sits on a level contour, enjoying the benefits of a cross-lease ownership type and a single carpark. The well-appointed interiors include a bathroom, separate toilet, and a heat pump for warmth during the cooler months. With a floor area of 110 square meters, this unit is ideal for first-home buyers and investors. The property has seen a significant Capital Value (CV) increase of 43.21% from $405,000 in 2019 to $580,000 as of 2022. The HouGarden AVM estimates the value at $552,500, while the latest sale in 2016 was at $325,100.

From an investment perspective, the property is located within a highly sought-after school zone. The Cambridge High School and Cambridge Middle School, both with a decile rating of 9, are in close proximity. Leamington School, with a decile rating of 7, adds to the list of quality educational institutions in the area.

Embrace this opportunity to enter the property market with a unit that not only promises a comfortable living but also holds strong potential for capital growth.

Updated on October 17, 2024