26 Gibson Road, Tuakau, Waikato

Nestled on a level 500m2 section in a quiet cul-de-sac of Tuakau, this 88m2 residential dwelling from the 1950s boasts 3 bedrooms, 1 bathroom, and a single car park. The freehold property features brick walls and tiled roofing, both in average condition, offering a solid foundation for potential renovations. With a consistent Capital Value of $495,000 since 2017, this home presents a stable investment opportunity. The latest sale in 2016 was at $260,000, while the current HouGarden AVM estimates the property at $460,000, indicating growth potential. The property falls within the Tuakau College zone, a secondary school with a decile rating of 4, catering to Years 7-15. This is an ideal opportunity for first-time buyers, investors, or those looking to add value through home improvements.

Since the last valuation, the Capital Value has seen no increase, remaining at $495,000. However, the property's potential is clear with the right updates and improvements, which could lead to a significant boost in value. The convenient location near amenities and schools adds to the appeal, making this a sound investment with the prospect of capital gains.

For families with school-age children, the property's inclusion in the Tuakau College zone is a significant plus. The college's decile rating of 4 reflects a solid educational standard, ensuring access to quality schooling. With a combination of affordability, potential for value addition, and a desirable school zone, this property is a compelling choice for those seeking a starter home or investment in the Tuakau area.

Updated on May 29, 2024