Property features

R 800 000
6 Bedrooms
6.0 Bathrooms
1 Living Room/s
Garage for 0 car/s
Outside Parking for 4 car/s
Rates R1008 pm
No Pets
Dining Room

Property Details

This property presents an opportunity for investors looking to acquire a property in an established area of Ivory Park with redevelopment potential.

The property currently comprises a 6-bedroom house on a 239 m² stand. The existing structure may provide an opportunity for redevelopment into rental accommodation, with the potential to develop approximately 30 investment rooms, subject to zoning, municipal approvals, building regulations and an appropriate feasibility assessment.

The property is conveniently located approximately one minute from Ivory Park Police Station and is also close to schools and other local amenities.

Property Features:

6-bedroom existing house
239 m² land size
Redevelopment potential
Potential rental accommodation opportunity
Rates and taxes: approximately R1,008
Convenient location near Ivory Park Police Station
Close to schools and local amenities
Cash sale

This property may suit an investor seeking a redevelopment opportunity with potential for income-generating rental accommodation.

Price: R800,000

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Mmathapelo Mapheladi

Mapheladi Properties

0791996000

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[email protected]

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Mapheladi Properties

0110100243

[email protected]

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