Nestled in the serene cul-de-sac of 8 Lisa Rise, Half Moon Bay, this 1976-built, freehold property boasts 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed with fibrous cement walls and tiled roofing, the 140sqm floor area is set on a 602sqm land with an easy/moderate rise contour. The property has seen a significant Capital Value (CV) increase of 49.48% from $970,000 in 2017 to $1,450,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,288,500, while the latest sales history shows a jump from $154,500 in 1989 to $233,000 in 2000.
For families, the property falls within the decile 7 Sancta Maria College and decile 8 Farm Cove Intermediate school zones, along with other well-rated schools. This combination of affordability and a prime location makes it an ideal choice for homebuyers, developers eyeing potential for multiple dwellings (subject to council approval), and investors seeking a stable rental income over $800 with significant land banking potential.
Enjoy the convenience of nearby bus stops, the upcoming PAK'nSAVE at Highland Park shopping centre, and the ease of parking with a standalone garage and two off-street parks. This property is a gem waiting to be discovered by those who recognize a golden opportunity.
Updated on October 21, 2024