Property description
An excellent opportunity for investors looking to secure property in a well-established residential area close to the CBD in Stanger.
The property is situated on a generous 2,031 m² of flat, level land, offering excellent potential for future development. The level terrain can make construction and site preparation easier and potentially more cost-effective.
The existing structure features 8 bedrooms and 6 bathrooms and is currently tenanted, providing an opportunity for rental income while allowing the investor to explore the property's longer-term potential.
The property does require extensive rehabilitation, making it particularly attractive to an investor or developer with the vision to renovate, upgrade or redevelop the site.
Whether you are looking to renovate and maximise rental income or explore future development opportunities, this property offers plenty of potential in a convenient location.
Bring your vision to life and unlock the value of this substantial property. Contact us today to arrange a viewing.
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
