Nestled on a serene cul-de-sac at 77a Scott Street, Leamington, Waipa, this exquisite 2-bedroom, 1-bathroom residence with a single carpark is a gem in the residential market. Constructed in 1987 with robust brick walls and tiled roofing, the property stands on a level contour, exuding a maintenance-free lifestyle. The cross-lease ownership adds a unique dimension to this already desirable home, which has seen a significant Capital Value (CV) increase of 42.17% from $415,000 in 2019 to the current $590,000 in 2022. The property's wall and roof conditions are in good standing, ensuring a worry-free living experience.
With a HouGarden AVM of $572,500 and a latest sale record of $400,000 in 2018, this property presents a sound investment opportunity. The government's CV growth reflects a strong market confidence in the area. The residence is equipped with a heat pump and Smart Vent for comfort, boasting high-end finishes and a stylish kitchen that opens into a park-view living area. The two north-facing bedrooms are bathed in natural light, with the master bedroom offering private deck access.
Educationally, the property falls within the zones of Cambridge High School (decile 9) and Cambridge Middle School (decile 9), as well as Leamington School (decile 7), offering a range of quality educational options. The location is second to none, opposite Gwyneth Common Park and playground, with easy access to public transport, cycling paths, cafes, and the Leamington Village.
Updated on July 31, 2024