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4 Jabuka Street, Glen Eden, Waitakere City

Low-Maintenance Living, High-Return Potential

dollar

Asking Price $615,000

Townhouse
Townhouse
Bedroom
3
Bathroom
1
Land area
79m2
Covered park
1
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Property details

Listing # TTR2588 | Listed on 4 December 2024

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.

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Additional features

Other park
1 other park
Water closet
2 Separate toilets
Rates
Rates: $2,299.72 per annum

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