Exceptional Investment Opportunity with Subdivision Potential.

R 2,150,000

Can I afford this?
15 days ago14 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Parking:Garage
Description
Need a bond? You can make use of our very own in-house professional bond originator, offering complimentary pre-approvals. With expertise in working with all major banks, they specialize in negotiating the most competitive interest rates tailored to your needs.

This property presents a unique investment opportunity with the possibility of subdivision, making it ideal for developers and homeowners alike. Although the home requires some tender loving care, its potential is undeniable. The spacious residence features three bedrooms, all equipped with built-in cupboards, and two newly renovated bathrooms, including an en suite for the main bedroom. The property spans a generous 1680 m² corner stand, providing ample space for expansion or development.

Inside, the home boasts three distinct living rooms, each offering a unique ambiance. The first living room, with its cozy fireplace and parquet flooring, includes an elevated area perfect for a home cinema. The second living room is tiled, providing a versatile space for various uses. The third living room, located just off the kitchen, could easily be transformed into a fourth bedroom, offering additional flexibility for the growing family or as a guest suite.

The dining room is spacious, creating an inviting setting for family meals and entertaining. The kitchen is expansive and well-equipped, featuring granite countertops, a hob, and a double-eye-level oven. It also includes a laundry and scullery area, ensuring ample space for household chores.

For car enthusiasts or those needing extra storage, the property includes a double automated garage. The current carpeting in the bedrooms can be replaced with the available parquet blocks to match the 1st lounge flooring.

The outdoor space is equally impressive, with a swimming pool that, while needing some attention, promises endless summer enjoyment. Additionally, there is an outside laundry room and servant's quarters with a bathroom, offering the potential to convert this space into a granny flat or guest suite.

Located in Brackenhurst, this property is positioned in a sought-after area known for its family-friendly environment and convenient access to amenities. The substantial corner stand allows for further development, whether for personal use or as an investment opportunity.

In summary, this home in Brackenhurst offers an exceptional chance to create a dream residence with the added benefit of a potential subdivision. Its spacious layout, extensive grounds, and the ability to customize make it a valuable investment for those willing to provide the care and attention it needs.

Call your local area experts to book your private viewing today.
Chantelle Habib (MPRE)
Nikita Oosthuysen (PPRE)
Habibi Properties #Makeithappen
Exceeding Expectations, Building Relationships, Making a Difference

NB: Concerted effort has been made to display the correct description, pictures, and information in this advert, however, the agent and seller accept no ...

# Parking: 2
Property Reference #: 2405157

Agent Details:
Nikita Oosthuysen
Habibi Properties
14 Budack Avenue
Alberton

Id Subtitle 1278882822
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 23,300
Total property loan amountR 2,150,000
Total interestR 3,441,929
Total repaymentR 5,591,929
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Habibi Properties
Selling for 3+ years
Total Ads110
Active Ads110
Professional Seller
Seller stats
110Total Ads
115.08KTotal Views
Contact Habibi Properties
061*******Show Number
Message
(3984)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.