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