Introducing a gem nestled in the heart of Randwick Park, Auckland - Manukau, at 6 Nearco Street. This freehold property spans a generous land area of 663m2 with a comfortable floor area of 94m2. Built in 1978, the dwelling boasts three bedrooms, one bathroom, and one carpark, making it an ideal family home. The house is constructed with fibrous cement walls and tile roofing, both in good condition, and sits on an easy/moderate rise contour. This residential dwelling is a perfect blend of comfort and potential, offering a unique opportunity for first-time buyers, investors, or developers.
Over the years, the property has seen a significant increase in its capital value, from $580,000 in July 2017 to $760,000 in June 2021, marking a 31.03% growth. The HouGarden AVM estimates its value at $730,000. Its last sale was in April 2012 for $235,000, following a previous sale in April 2006 for $255,000. This steady growth in value underscores the property's potential as a lucrative investment.
Education is a priority, and this property does not disappoint. It falls within the zone for Randwick Park School, a full primary school with a decile rating of 1, and Alfriston College, a secondary school catering to years 9-15 with a decile rating of 2. These educational institutions provide a solid foundation for young residents.
Updated on April 05, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.12 km | 3 | 1 | 81m2 | Year 2024 Month 10 Day 08 | - | Council approved | |
 | 0.22 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 18 | - | Council approved | |
 | 0.21 km | 3 | 109m2 | Year 2024 Month 08 Day 30 | $615,000 | Council approved | ||
 | 0.09 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 01 | $640,000 | Council approved |