49 Pengover Avenue, Leamington, Waipa

Located at 49 Pengover Avenue, Leamington, Waipa, this modern residential apartment offers a comfortable living space with 2 bedrooms, 1 bathroom, and 1 carpark. Spanning a floor area of 73 square meters, the property is characterized by its mixed materials wall construction and iron roof, both in good condition. Built in 2022, it sits on a level contour with a Unit Title ownership type, marking it as a prime choice for those seeking a contemporary and hassle-free lifestyle.

Over the years, the property has seen a significant increase in its capital value, growing from $670,000 in August 2019 to $770,000 in August 2022, marking a 14.93% rise. Despite this, the HouGarden AVM estimates its value at $760,000, slightly below the latest government valuation. The property last changed hands on January 6, 2024, for $660,000, indicating a keen market interest and potential for future value appreciation.

The property is ideally located within the school zones of Cambridge High School, Cambridge Middle School, and Cambridge School, all boasting a decile rating of 9, and Leamington School with a decile rating of 7. This ensures access to quality education, making it an excellent choice for families prioritizing academic excellence for their children.