This property in Old Town offers an excellent opportunity for investors, developers or buyers looking for a large stand with potential for redevelopment.
Situated on an impressive 2,855 m² stand, the property currently features a main house with three bedrooms, two bathrooms, a separate toilet, kitchen, dining room and sitting room. There are also two outside rooms, a braai area, borehole and water tank.
The property does require attention, as cracks are present in the existing structures. Buyers should conduct their own inspections and assessments before proceeding with a purchase.
Due to the size of the stand and the condition of the existing structures, the property also presents an opportunity to purchase the property as a redevelopment/vacant-land opportunity, subject to the buyer’s plans and all necessary municipal approvals.
Whether you are looking for a large residential property, rental investment or a redevelopment opportunity, this property offers 2,855 m² of valuable space in Old Town.
Property Features:
- 2,855 m² stand
- 3 bedrooms
- 2 bathrooms
- 1 separate toilet
- Kitchen
- Dining room
- Sitting room
- 2 outside rooms
- Borehole
- Water tank
- Braai area
- Large yard
- Existing structures with cracks
- Potential for redevelopment
- Can be considered as a vacant-land/redevelopment opportunity
- Ideal for investment or development