Nestled in the heart of Leamington at 35a Raleigh Street, this charming 2-bedroom, 1-bathroom residence with a floor area of 122m2 sits on a level 480m2 freehold section. Constructed in 1950 with wood walls and an iron roof, both in average condition, the property is equipped with a heat pump for all-season comfort and a single car garage with an additional room, complemented by a fully fenced backyard for privacy. The property has seen a significant Capital Value increase of 39.23% from $510,000 in 2019 to the current $710,000 as per the latest government valuation. HouGarden AVM estimates the property's worth at $690,000, while the latest sale in 2015 was for $365,000. This home is perfect for first-time buyers or investors, with the added allure of being in a top school zone. Cambridge High and Middle Schools, both with a decile rating of 9, and Leamington School with a rating of 7, are within the vicinity.
With a spacious open plan kitchen and dining area, a cozy lounge featuring a wood fireplace, and an outdoor patio for entertainment, this property offers both comfort and convenience. Its location, close to shops, medical facilities, cafes, and parks, makes it an ideal choice for a family-oriented lifestyle. The vendor is highly motivated and invites all offers, including those under the CV.
For families with school-aged children, the property falls within a highly sought-after school zone. The Cambridge High School caters to secondary students from Year 9 to 15, while the Cambridge Middle School serves Year 7 to 10 in a restricted composite setting. Leamington School, a contributing primary, is also nearby, ensuring quality education at every level.
Updated on July 24, 2024