This large freehold property in Sonheuwel offers approximately 1,893m² of land with an existing older home, double garage, carport, pool and generous yard space.
The current house includes 5 bedrooms, 2 bathrooms, a large lounge, kitchen, entertainment room and several interleading living areas. The home is dated and requires work, with the corrugated iron roof showing visible rust and needing attention.
The main value lies in the land, location and possible future use. Positioned near existing student accommodation activity, the property may suit a buyer looking to investigate renovation, conversion or redevelopment for higher-density residential use, subject to all required municipal and professional approvals.
This property is best suited to an investor, developer or buyer who can see the long-term potential of the site.
All redevelopment, rezoning, consent use, building plans, demolition approvals, sectional title registration, NSFAS accreditation, parking requirements and municipal approvals are for the purchaser’s own investigation and account. Kellaprince Properties and its agents do not warrant the number of units, beds, approvals, income or development yield achievable on the property.
THE AGENT OF THIS LISTING HOLDS A VALID FFC THROUGH THE PPRA