Nestled in the tranquility of a quiet cul-de-sac at 48b Jellicoe Avenue, Tuakau, Waikato, this residential dwelling on a freehold title boasts a modern construction with wood walls and an iron roof, both in good condition. The property, built in 2021, features 3 bedrooms, 1 bathroom, and an expansive floor area of 87 square meters on a level contour, sitting pretty on a generous land area of 285 square meters. Currently tenanted, it offers a rental return of $630/week and has the potential for further value addition, making it an ideal family home.
As per the valuation records, the property's Capital Value (CV) has remained stable at $455,000 since October 2020, with no increase. However, the HouGarden AVM estimates the property's value at $422,500, and the latest sale on May 30, 2024, was for $550,000, indicating a significant growth potential. The CV increase percentage stands at 0.0%, presenting a solid investment opportunity.
For families with school-going children, the property falls within the zone of Tuakau College, a secondary school with a decile rating of 4. The home's sunny bedrooms, generous living spaces, separate kitchen and dining, and a private, elevated position make it an attractive proposition for those seeking an easy-care lifestyle close to town and educational facilities.
Updated on June 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 4 | 2 | 166m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 28 | - | Council approved | |
 | 0.20 km | 0m2 | Year 2024 Month 10 Day 15 | $300,000 | Council approved | |||
 | 0.14 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 01 | $630,000 | Council approved | |
 | 0.19 km | 3 | 1 | 0m2 | Year 2024 Month 08 Day 30 | - | Council approved |