Nestled in the serene Randwick Park, Auckland, lies a 3-bedroom, 1-carpark gem at 49b Riverton Drive - a freehold property with a capital value of $640,000 as of June 2021. Constructed with a mix of materials for the walls and iron for the roof, this 104m² home sits on a 103m² section with an easy/moderate rise contour. Just a year old, the property boasts good wall and roof conditions, and is equipped with modern amenities including a Bosch appliance-filled kitchen, internal access garage, and two heat pumps for winter warmth. The property's location in a quiet cul-de-sac street is not only convenient, with a bus stop at the doorstep and easy motorway access, but also educationally advantageous, being within the zones of Alfriston College (decile 2) and Randwick Park School (decile 1). The HouGarden AVM echoes the government valuation, making this property an attractive opportunity for both homebuyers and investors, with a rental appraisal of $800 per week and a potential return of over 6%.
History shows a promising trend, with a significant increase in the capital value over the years, and recent sales in the area supporting the growth. This property is not just a house; it's a potential investment that promises comfort, convenience, and a peaceful outdoor oasis for summer BBQs and unwinding.
For families with children, the school network is a key highlight. Both Alfriston College and Randwick Park School offer quality education and are within walking distance, ensuring a bright future for the young ones.
Updated on September 18, 2024