48a Jellicoe Avenue, Tuakau, Waikato

Nestled in the tranquility of a quiet cul-de-sac at 48a Jellicoe Avenue, Tuakau, Waikato, this residential dwelling on a freehold title boasts 6 bedrooms, 1 bathroom, and a single car park. Constructed in 2021 with wood walls and an iron roof, both in good condition, this level property offers an 81sqm floor area on a generous 284sqm land. The government's capital value (CV) has remained stable at $445,000 since July 2020, with no increase. HouGarden's AVM estimates the property at $417,500, making it an attractive investment. The latest sale on May 30, 2024, was for $550,000, indicating a potential for capital growth. This property is not just a home but a sound financial decision.

With a CV increase percentage of 0.0, this property presents a stable investment opportunity. It's ready to be lived in, with the added benefit of being recently painted and carpeted. The open plan kitchen and lounge, along with three well-sized rooms, make it an ideal first home or rental property. The fully fenced section is pet-friendly, and the prospect of adding value through landscaping or a carport is an added bonus. Close to amenities, it's a short walk to the town and Saturday markets, with easy access to the motorway and public transport to Pukeohe.

For families, the property falls within the Tuakau College zone, a secondary school with a decile rating of 4. This home offers not only a comfortable living environment but also a promising future with its sought-after school zone. It's a chance to secure a high return on investment with minimal outlay, especially with the potential to purchase adjacent properties. Don't miss this opportunity to climb the property ladder in a location that offers both convenience and potential.

Updated on June 12, 2024