A perfect fit for first-home buyers and property investors looking for strong returns and long-term growth.
Welcome to 4 Jabuka Street, Glen Eden - a near-new townhouse in the award-winning Selo Development. Built only 18 months ago, this low-maintenance, freehold home combines modern design, solid construction, and lasting value in one of West Auckland's fastest-growing suburbs.
Key features
- Freehold title - no body corp fees, only a simple Residents' Association
- Three double bedrooms with wardrobes
- One full bathroom plus ground-floor guest W/C
- Open-plan kitchen, dining, and living flowing to a sunny private courtyard
- Double glazing, full insulation, and two heat pumps for year-round comfort
- Dedicated car park plus on-street visitor parking
Investment highlights
- Approx. 5.3% gross yield ($630pw = $32,760pa on $615,000)
- Strong rental demand and reliable long-term tenant appeal
- Positive cash flow potential with low ongoing costs
- Full interest deductibility on rental mortgage interest under current tax rules
- Standard 2-year bright-line period applies - ideal for a medium- to long-term hold
- High-quality, near-new build offering minimal maintenance and solid capital growth potential
Ideal for first-home buyers
- Move-in ready and eligible for Kāinga Ora First Home Loan (5% deposit, subject to criteria)
- KiwiSaver first-home withdrawal available for qualifying buyers
- Secure, quiet community close to transport, shops, and schools
Why act now
- Freehold three-bedroom homes around $615k are rare
- Vendors are relocating and want a quick sale
- Tightening supply and rising demand make this a smart buy for both owner-occupiers and investors
Contact us today for the full information pack or to arrange a private viewing.
Conjunctionals welcome. Rental yield indicative - buyers should complete their own due diligence.