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
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 4 | 2 | 167m2 | 2024 06 13 | $780,000 | Council approved | |
0.06 km | 2 | 134m2 | 2024 06 07 | $635,000 | Council approved | |||
0.18 km | 6 | 1 | 81m2 | 2024 05 30 | $550,000 | Council approved | ||
 | 0.18 km | 4 | 2 | -m2 | 2024 02 01 | $810,000 | Council approved | |
0.13 km | 2 | 1 | 80m2 | 2024 01 22 | $679,000 | Council approved |