4 Jabuka Street, Glen Eden, Waitakere City, Auckland

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 Kainga 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.