Nestled in the serene cul-de-sac of Helena Road, this freehold townhouse, built in 2022, boasts a solid iron roof and well-kept wooden walls. It offers 5 bedrooms, a spacious floor area of 150 square meters, and a land size of 200 square meters, with a single car park. The property, valued at $890,000 as per the latest government valuation, has seen a remarkable CV increase of 24.48% since 2018. This low-maintenance home meets all Healthy Homes standards and is situated in a prime location near the University of Waikato.
With a HouGarden AVM of $897,500 and a recent sale history showing transactions of $808,000 in 2024 and $888,000 in 2021, this property presents a compelling investment opportunity. The consistent capital value growth and rental income potential, with each bedroom studio fetching up to $260 per week, make it an attractive prospect for investors.
For families, the property falls within the catchment area of top-rated schools, including Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Knighton Normal School (Decile 5), Hillcrest High School (Decile 7), and Berkley Normal Middle School (Decile 8). This combination of location, value appreciation, and educational access makes it a winning choice for both investors and families.
Updated on September 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 15 | 15 | 420m2 | Year 2024 Month 10 Day 15 | - | Council approved | |
 | 0.29 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 06 | $711,000 | Council approved | |
 | 0.13 km | 3 | 3 | 108m2 | Year 2024 Month 08 Day 06 | $615,000 | Council approved | |
 | 0.32 km | 4 | 3 | 157m2 | Year 2024 Month 07 Day 23 | $862,000 | Council approved | |
 | 0.31 km | 4 | 3 | 149m2 | Year 2024 Month 06 Day 24 | $865,000 | Council approved |