The Seller is a VAT Vendor and VAT is excluded from the price, if applicable. No transfer duty is payable on VAT transactions.
A prime opportunity awaits on a bustling four-lane one-way street where a neglected property, sprawled over 1428 square meters, beckons with potential. Surrounded by the energetic pulse of urban life, this property features several buildings in need of attention, including a substantial four-bedroom house accompanied by three bathrooms. Adjacent to this, a two-bedroom flat and a bachelor's flat stand in need of refurbishment, presenting an ideal canvas for renovators seeking to revive its former glory. This property is sold as it is seen by potential buyers and as seen on the photos attached.
Despite the current state of disrepair, the property holds promising attributes for investors eyeing developmental prospects. With four sides...
The Seller is a VAT Vendor and VAT is excluded from the price, if applicable. No transfer duty is payable on VAT transactions.
A prime opportunity awaits on a bustling four-lane one-way street where a neglected property, sprawled over 1428 square meters, beckons with potential. Surrounded by the energetic pulse of urban life, this property features several buildings in need of attention, including a substantial four-bedroom house accompanied by three bathrooms. Adjacent to this, a two-bedroom flat and a bachelor's flat stand in need of refurbishment, presenting an ideal canvas for renovators seeking to revive its former glory. This property is sold as it is seen by potential buyers and as seen on the photos attached.
Despite the current state of disrepair, the property holds promising attributes for investors eyeing developmental prospects. With four sides securely walled, privacy and security are assured, providing a solid foundation for future improvements. Notably, a swimming pool, though currently non-functional, adds an appealing touch for restoration enthusiasts looking to enhance the property's amenities.
Strategic thinkers in real estate will find this parcel particularly attractive for its potential to accommodate townhouse developments, pending appropriate municipal approvals. The inclusion of a borehole further enhances its appeal, offering a sustainable water source—an invaluable asset in today's market.
In summary, this property presents a rare opportunity in a dynamic urban setting, ideal for those with a vision for revitalization or expansion. Whether pursuing a renovation project or aiming for strategic development, this expansive plot promises substantial returns with careful planning and execution.