85 Thompson Street, Leamington, Waipa

Positioned on a quiet cul-de-sac in the desirable Leamington, Waipa, this freehold property boasts a charming residential dwelling from the 1950s. Constructed with durable brick walls and tiled roof, the home offers three bedrooms, one bathroom, and two car parks, spread across a floor area of 111 square meters on a generous 504 square meter section. The well-maintained property presents a warm and inviting atmosphere, complemented by a brand-new bathroom and beautiful wooden floors. Notably, the capital value has seen a significant increase of 38.89% from $540,000 in 2019 to the current $750,000 as of 2022. The HouGarden AVM estimates the property at $695,000, with the latest sales recorded at $610,000 in 2020 and $470,000 in 2017.

For investors and families alike, the property's government valuation and sales history indicate strong growth potential. The recent capital value surge is a testament to the area's desirability and investment appeal. This home is not just a shelter but a wise investment for the future.

Education is a key highlight with the property being zoned for Cambridge High School and Cambridge Middle School, both decile 9, as well as Leamington School, a decile 7 institution. This makes the property an excellent choice for families with children, providing access to high-quality education.

Updated on May 07, 2024