7 Twelfth Avenue, Tauranga South, Tauranga
Welcome to Halcyon at 7 Twelfth Avenue, Tauranga, a refined urban living enclosed on a quiet, leafy street in the heart of Tauranga's Central Avenues. Halcyon offers eight contemporary residences, each meticulously curated to provide a balanced blend of luxury and functionality.
As you step into these tailored homes, you'll be greeted by crafted spaces prioritising aesthetics and practicality. The light-filled kitchen, decorated with bespoke V-groove feature cabinetry, ceramic tiled splashback, and Pacific quartz benchtops, seamlessly integrates quality Bosch appliances, making it a haven for culinary enthusiasts.
The open-plan living area, bathed in natural light and embellished with quality laminate floorboards, transitions effortlessly into a private north-facing landscaped courtyard, perfect for hosting gatherings or enjoying tranquil moments of relaxation. Thoughtful design extends outdoors, with landscaped spaces beckoning outdoor living and entertaining.
Convenience is essential at Halcyon, with features such as discreet laundry facilities tucked behind cabinetry, bike storage, and prewired EV car parking (included with units 3-8), ensuring a seamless living experience.
Two elegantly appointed bedrooms await upstairs, showcasing a refined tonal palette and quality materials. From the warm loop wool Bremworth carpet to the V-groove feature wall in the master bedroom, every detail exudes sophistication and comfort.
The two bathrooms epitomise luxury, boasting modern fixtures, extensive tonal porcelain tiles, brushed stainless steel tapware, quality cabinetry, and heated towel rails for year-round warmth and comfort.
Beyond its impeccable interiors, Halcyon enjoys an enviable location within the highly sought-after Central Avenues, offering residents the amenity of contemporary urban living combined with the charm of a local neighborhood. From strolling to work in Tauranga's proposed billion-dollar civic precinct to indulging in the CBD's vibrant culinary scene and shopping delights, Halcyon epitomises the 'live, play, work' lifestyle.
completion due Q4 2024
Location
Halcyon, located at the gateway of Twelfth Avenue, offers residents an unmatched lifestyle of convenience and vibrancy. With the CBD's retail experience steps away and the region's top highlights within walking distance, residents can easily explore bustling eateries, boutiques, and sun-kissed beaches nearby.
Tauranga Hospital 1.4km
Tauranga CBD 2.0km
Countdown Fraser Cove 2.1km
Tauranga Airport 8.4km
Mount Maunganui 8.8km
Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.
Investment Analysis
Tauranga's real estate market is experiencing a surge in popularity, evidenced by its January 2024 median sale price of $900,000, which exceeds the national median of $800,000. However, this heightened demand is met with limited supply, as indicated by only 12 newly built townhouse listings on TradeMe as of February 2024.
Tauranga's scarcity of townhouse rentals accentuates the urgent need for quality rental properties. Historical data underscores the market's potential, with Tauranga's peak occurring between May and September 2022, boasting a median sale price of $1,020,000, surpassing the national average.
Investing in Tauranga's townhouse market presents opportunities for capital appreciation and rental income. By addressing the demand for warm rentals, investors can capitalise on a lucrative market and contribute to fulfilling the community's housing needs, thereby fostering positive growth in the local economy.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: Moderate Pros: Capital gains before settlement + Low maintenance living
Suburb Performance
Median sale price 10 years: 97% Median sale price 20 years: 160% Capital growth 10 years: 7.04% Capital growth 20 years: 4.89%