41 Secretariat Place, Randwick Park, Auckland - Manukau

Nestled in the serene cul-de-sac of Secretariat Place, this charming residence at 41 Secretariat Place, Randwick Park, Auckland, offers a perfect blend of comfort and investment potential. Constructed with wood exterior walls and a mixed-material roof, this freehold property boasts 5 bedrooms, 1 bathroom, and 3 car parks, spread across a floor area of 145 square meters on a levelled 750 square meter section. The property's Capital Value (CV) has seen a significant increase from $780,000 in 2017 to $940,000 as of June 2021, reflecting a growth rate of 20.5%. The HouGarden AVM estimates the property's value at $872,500, making it an attractive opportunity for investors.

With a rental appraisal of $1190 - $1240 per week, this property is currently tenanted, offering immediate income potential. The latest sale history includes transactions in 2003 and 2002, highlighting the property's consistent appeal. The property falls within the Manurewa East School (decile 1) and Alfriston College (decile 2) zones, ensuring quality education options for families.

For those seeking a sound investment in the Auckland real estate market, this property presents a golden opportunity. It combines the advantages of a desirable location, a well-maintained home, and the prospect of a steady income stream.

Updated on May 29, 2024