EXCLUSIVE MANDATE
Urgent Sale – Exceptional Value in a Prestigious Security Estate
If space, security and lifestyle are at the top of your wish list, this impressive 350m² double-storey family home offers an outstanding opportunity to secure exceptional value within one of Parkrand's sought-after security estates.
Designed with comfortable family living and entertaining in mind, this spacious home offers generous living areas, quality finishes and a practical layout suited to larger families or those who simply appreciate extra space.
Property Features
5 Spacious Bedrooms
3 Modern Bathrooms
Large Open-Plan Living Areas
Formal Dining Room
Stylish Kitchen with Centre Island
Built-in Bar & Entertainment Area
Indoor Swimming Pool
Built-in Braai
Balcony
Double-Storey Design
350m² Under Roof
425m² Stand
Estate Security
Enjoy peace of mind with:
• 24-Hour Access Control
• Manned Guard House
• Electric Perimeter Fencing
• Boomed Security Estate
• Controlled Access
Perfect for families looking for secure estate living.
Investment Opportunity
The property presents an excellent opportunity for buyers seeking a spacious home at a competitive price.
Please note: The property does require some TLC and completion work, which has been taken into consideration in the asking price. Damp remedial work, arising from the lack of adequate gutters, was previously commenced but has not yet been fully completed. Certain internal ceiling boards and associated finishing work also still require completion. The garden and exterior areas would benefit from some general attention and maintenance.
Replacement cost: Recreating approximately 350 m² of double-storey accommodation with 5 bedrooms, 3 bathrooms and an indoor pool today could require roughly R4.7m–R6.5m in construction costs alone, excluding the stand and various professional/external costs.
Market perspective: Comparable modern, fully completed 5-bedroom homes in secure estates and access-controlled enclosures, requiring no significant remedial work or TLC, are currently marketed in the region of approximately R2.9 million to R3 million in the surrounding Boksburg market. At an asking price of just R2,100,000, this property is positioned approximately R800,000–R900,000 below that level, allowing a purchaser substantial scope to complete the outstanding work and add value.
The property is therefore being marketed in its current condition, presenting an excellent opportunity for a buyer who appreciates the size, features and potential of the home and is prepared to complete the remaining work.
The seller is motivated, and all reasonable written offers will be considered.
This creates an opportunity for buyers to personalise and add value while securing a substantial home in a sought-after estate.