2 Foxlaw Street, Randwick Park, Auckland - Manukau

Nestled in the serene cul-de-sac of 2 Foxlaw Street, Randwick Park, Auckland, lies this attractive freehold property. Constructed in 1978 with a robust fibrous cement exterior and a reliable tile roof, this 91 square meter home boasts 3 bedrooms, 1 bathroom, and a single car park. The well-maintained property sits on a levelled 735 square meter section, providing ample space for potential development. Over the years, the capital value has seen a significant increase of 48.15% from $540,000 in July 2017 to $800,000 as of June 2021. The HouGarden AVM estimates the property's worth at $745,000, while the latest sales were recorded at $530,000 in 2019 and $165,000 in 2002.

With a promising annual rental return of approximately $35,000, this property is not only an ideal investment but also a perfect choice for families. It falls within the Mixed Housing Suburban zone and is in close proximity to both Randwick Park School and Alfriston College, with the latter being a secondary institution with a decile rating of 2. The property's convenient access to motorways and public transportation further enhances its appeal.

For those with an eye on education, the property is zoned for the highly regarded Randwick Park School, a full primary with a decile rating of 1. Its strategic location within the rapidly developing suburb, with easy access to Auckland Airport and the city center, positions it as one of Auckland's most desirable addresses.

Updated on July 12, 2024