Property Type: Freehold
Erf Size: ±350m²
Price Guide: R430,000 – R590,000 (Market Range)
This property presents a solid opportunity for first-time buyers, investors, or developers looking to secure a foothold in a well-established part of Wattville.
Why This Property Works
Generous 350m² stand – space to build, extend, or renovate
Located in a developed residential area
Strong demand for rental properties in the area
Positioned within a growing market with recent comparable sales up to R750,000
Location Benefits
Walking distance to Lesabe Primary School
Close to shopping centres and amenities
±1.7km to Sunshine Hospital
Near main transport routes and access roads
0.5km from Wattville SAPS
Investment Angle
Recent sales in the area show:
Entry-level homes: ±R500,000
Mid-range homes: ±R700,000+
Larger improved homes: up to ±R885,000
This makes the property ideal for:
Fix-and-flip projects
Rental income generation
Long-term capital growth
Key Notes
Municipal valuation: ±R185,000
Residential zoning
Full ownership (Freehold)
Property sold as-is
Call to Action
This is a value-driven deal in a high-demand area.
Contact now to arrange a viewing or submit an offer.
Opportunities at this price point don’t stay on the market long.