48b Jellicoe Avenue, Tuakau, Waikato

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