Located at 13 Liam Place, Half Moon Bay, Auckland - Manukau, this residential dwelling is a prime opportunity for developers and solid home lovers alike. The property features a 3 bedroom house with a floor area of 131sqm, situated on a flat 607sqm section. Built in 1977, the house boasts mixed materials for the walls and an iron roof, both in good condition. The property is freehold, offering a north-facing orientation for optimal sun exposure and is zoned for Mixed Housing Suburban. With both underground services on site, a double car garage, and easy/moderate rise contour, this property is not only a solid structure but also provides excellent road frontage.
The capital value of the property has seen a significant increase from $1,000,000 in July 2017 to $1,550,000 in June 2021, marking a 55% growth. The latest HouGarden AVM estimates the property's value at $1,522,500. Historically, the property was sold for $240,000 in August 1999 and $289,000 in July 2002. This demonstrates the property's substantial capital value increase and potential for further growth, making it an astute investment opportunity.
The property is ideally located in a family-friendly neighborhood, within walking distance to all local amenities and in zone for top-notch schools. It is zoned for Pakuranga College, Wakaaranga School, Farm Cove Intermediate, and Sancta Maria College, all of which have a decile rating of 7 or 8. This makes it an excellent choice for families looking for quality education options. The property's location and zoning offer a unique opportunity for buyers to either refresh/renovate the existing structure or develop anew, unlocking the value of both the site and its prime location.