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Craighall Park, Randburg, Gauteng
ID 1744390

5 Bedroom Property for Sale in Craighall Park Gauteng
5 Bedroom Property for Sale in Craighall Park Gauteng
5 Bedroom Property for Sale in Craighall Park Gauteng
5 Bedroom Property for Sale in Craighall Park Gauteng
5 Bedroom Property for Sale in Craighall Park Gauteng
5 Bedroom Property for Sale in Craighall Park Gauteng
R 3 200 000

House

3.0

5

500m2

1983m2

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House

3.0

5

500m2

1983m2

Property features

  • R 3 200 000
  • 5 Bedrooms
  • 3.0 Bathrooms
  • 0 Living Room/s
  • Garage for 0  car/s
  • Outside Parking for 10 car/s
  • Rates 
  • Pet Friendly

Property Details

Exclusive Mandate - Opportunity knocks, don't miss this exceptional and rare opportunity in the highly sought-after Craighall Park. Current RES 1 Zoning, perfect for those looking to design and build their dream home, or for developers to sub-divide and develop a small upmarket boutique estate with 4 clusters. The property requires TLC or demolition and is by no means in a move-in condition.

Negotiating offers, call now before it's gone!

Property Highlights:

  • Stunning elevated stand that allows for breath-taking sunset views
  • The main house and cottages are currently all rented out
  • Main house: currently converted to 5 living spaces, each room with pre-paid electricity, 3 bathrooms in total, communal kitchen in main house (2 rooms have kitchenettes and a bathroom each, (requires TLC)
  • Additional: currently 6 self-catering flatlets, each with a bathroom and kitchenette, all have pre-paid electricity (requires TLC)
  • Current rental income +/- R40,000 (potential rental income when all rooms have tenants, 4 x R3500 each. 7 x R4500 each = R45 500 per month)
  • Ideal for sub-division, a small cluster development, or the creation of a luxurious dream home

Location Benefits:

  • Situated on a popular Avenue close to CNR Cafe and SPAR.
  • Surrounded by beautifully renovated and newly constructed homes
  • Easy access to amenities, shops, eateries, and schools

Transform this prime position into a contemporary luxury family haven in a coveted suburb and capitalise on its immense potential.

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Firzt Realty Head Office

0117310300
[email protected]
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