Nestled on a serene freehold site at 183a Pigeon Mountain Road, Half Moon Bay, this charming 2-bedroom, 1-bathroom residence with a single carpark exudes a cozy ambiance. Constructed in 1970 with fibrous cement walls and an iron roof, it offers an average-conditioned home on a level contour. The property's Capital Value (CV) has seen a remarkable growth of 47.89% from $710,000 in 2017 to $1,050,000 as of 2021. The HouGarden AVM estimates it at $975,000, while the latest sale was in 2005 for $260,000. This home is ideal for families, being in the zones for top-rated schools such as Sancta Maria College (decile 7), Farm Cove Intermediate (decile 8), Wakaaranga School (decile 7), and Pakuranga College (decile 7).
With a floor area of 62m2 and a land area of 381m2, it presents a tranquil retreat with easy access to amenities. The open-plan living, dining, and kitchen area is accentuated by a heat pump for year-round comfort. Outside, a sheltered porch leads to a spacious backyard, perfect for children and pets. This property, zoned for Residential - Mixed Housing Urban, holds potential for future development subject to council approval.
Whether you seek a starter home, a smaller residence, or a wise investment, this property's convenient location, coupled with its CV increase and school zones, makes it an attractive opportunity not to be missed.
Updated on June 14, 2024