296 Shakespeare Street, Leamington, Cambridge
- Available7Townhouses
- Estimated CompletionQ3 2027
69.6-95.9m²
56-151m²
2-32
2-2.52
1-1
Turn-Key
296 Shakespeare Street presents a development of nine contemporary homes spread across three distinct blocks, offering a selection of two and three bedroom layouts to suit a range of lifestyles. Designed with modern living in mind, the homes combine practical floorplans, quality finishes and low-maintenance living in a well-established Cambridge location.
Block A comprises three two-bedroom, two-bathroom homes, each with a single garage. The ground floor features a bedroom, bathroom and internal-access garage, while upstairs opens into a spacious open-plan living area alongside the second bedroom and ensuite.
Block B includes five two-bedroom, 2.5-bathroom homes with a dedicated car park, featuring open-plan living, a separate toilet and laundry on the ground floor, with two upstairs bedrooms each enjoying their own ensuite.
Block C is a standalone three-bedroom, 2.5-bathroom home with a dedicated car park. The ground floor features open-plan living, one bedroom and a separate toilet, while upstairs provides two further bedrooms, including a master with ensuite, alongside the family bathroom.
Across the development, kitchens feature engineered stone benchtops and Bosch appliances, adding a quality finish to these thoughtfully designed homes.
Situated in Leamington, Cambridge, 296 Shakespeare Street offers a peaceful residential setting with convenient access to local shops, schools, parks and Cambridge’s town centre. The location provides an appealing balance of suburban living and everyday convenience, with the wider Waikato region easily accessible by road.
- Capital Growth+5.61%
- Gross Yield5.37%
Location
Conveniently located near a wide range of amenities — including shops, restaurants, parks, and excellent schools — this neighborhood offers an ideal balance of modern urban living, accessibility, and a welcoming community atmosphere.
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Investment Overview
20 year average
Investment Analysis & Insight
296 Shakespeare Street presents a compelling investment opportunity in Leamington, Cambridge, an established residential area benefiting from Cambridge’s ongoing population and economic growth. Capital growth in Leamington has averaged 5.61% over the past 20 years, demonstrating solid long-term performance. The development offers a mix of two and three bedroom homes, appealing to families, professionals, and tenants seeking modern, low-maintenance accommodation in a well-connected community.
Rental fundamentals are particularly attractive, with median rent in Leamington at $585 per week and rental appraisals for these homes ranging from $650 to $750 per week, delivering estimated gross yields of 5.07%–5.37%. The premium over the suburb’s median reflects the appeal of new, quality housing, with contemporary layouts, multiple bathrooms, and secure parking providing features that are highly sought after by tenants. This supports the potential for strong occupancy and reliable rental income.
Leamington provides easy access to Cambridge’s town centre, local shopping, cafés, schools, parks, and recreational amenities. Robert Harris Cambridge and other local amenities are close by, while Cambridge’s central employment areas are easily accessible. The Waikato Expressway provides efficient connections towards Hamilton and the wider Waikato, making the location attractive for commuters and those working across the region.
Infrastructure investment is also strengthening Cambridge’s wider connectivity. Current works on the Cambridge section of the Waikato Expressway are improving resilience for future growth, while the planned Cambridge-to-Piarere Expressway will extend the four-lane corridor south, with construction scheduled from 2027. Combined with proven long-term capital growth, strong rental appraisals, and convenient access to Cambridge and Hamilton, 296 Shakespeare Street offers investors a well-positioned opportunity for both rental income and long-term capital appreciation.
Availability & Price List
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