60 Jellicoe Avenue

Tuakau Waikato

65 m²

2076 m²

Other

Currently for sale - view listing

Overview

High Performing Asset - Eight Townhouses!

Rarely does a single acquisition deliver immediate income, a clear value-add strategy and a location benefiting from genuine long-term demand. At 60 Jellicoe Avenue, Tuakau, eight low-maintenance townhouses sit on one title, fully tenanted and generating approx. $200,000+ annually. There is a resource consent in place to separate into eight individual titles. Each townhouse, in this well-configured block, offers a practical and appealing layout for tenants, with the main residence featuring two spacious bedrooms, a kitchen and dining area with access onto a covered deck. A separate one-bedroom cabin provides flexibility to utilise as a home office, a space for older children, or a private retreat. It is a feature that distinguishes these properties from standard rental stock and supports strong occupancy. Two off-street car parks per unit (you could in fact fit three normal size cars) and lawn maintenance are included in the weekly rent. Tuakau is a township sitting approximately 40 minutes from central Auckland and 10 minutes from the motorway. With commuter trains accessible from nearby Pukekohe, it draws a reliable pool of working tenants who want affordable rents, community connection, and room to live. The village centre provides two supermarkets, a medical centre, dental surgery, two gyms, and a range of schools including Tuakau College and Tuakau Primary, meaning tenants have everything they need within the town. Add to that the Waikato River, the recreational reserves, and the surf beaches at Port Waikato, and you have a suburb that retains good tenants for the long term. For investors who have been waiting for a portfolio-scale opportunity that does not require starting from scratch, this is a property that delivers on multiple fronts simultaneously: current income, future flexibility, and a location with residential appeal. Call Irene today on 0276566825 for more information or to book your viewing appointment