Foxlaw Street, Randwick Park, Auckland

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 10 July 2024 at 1:00PM  (unless sold prior)

• Freehold property spanning 735 square meters
• Zoned for Mixed Housing Suburban
• On-site underground services as per council records
• Strategically located with easy motorway access
• Close to School, College, and a nearby train station
• Annual Rental return of approximately $35,000

This sizable freehold property, situated on a 735 sqm corner site, is now on the market and expected to attract significant interest from owner-occupiers, investors, and developers looking to establish themselves in the rapidly evolving suburb.

With an existing tenancy, the property features a three-bedroom home and a standalone garage. Positioned on freehold land zoned for Mixed Housing Suburban, with documented on-site underground services, it offers the potential for an approximate annual rental return of $35,000.

Given its location and proximity to amenities and Alfriston College, the property will likely appeal not only to the owner-occupiers and investors but also to developers alike.

The transformation in Randwick Park's appearance aligns with broader urban development trends in Auckland. Strategically located within 15km of Auckland Airport and a half-hour drive from Auckland City, with easy access via State Highway 20 and State Highway 1, the property is now considered one of Auckland's desirable residential locations.

Call us now for more information. All conjunctions are welcome.