Prime Development Opportunity in Tranquil Greenfield Circle, Ottery

R 1,395,000

Can I afford this?
22 days ago37 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):1
Bathrooms (#):1
Parking:Covered
Description
Exclusive Listing: Welcoming Offers from: R1 395 000

Nestled in the serene enclave of Greenfield Circle in Ottery, this property is a developer's dream waiting to be realized. Boasting a cozy 1-bedroom house with a modern bathroom equipped with a shower, basin, and toilet, this residence offers a comfortable living space. The open-plan kitchen, tiled throughout the home, adds a touch of contemporary elegance. Situated on a decent-sized erf with ample ground space, there is incredible potential for expansion and enhancement.

Beyond its current charm, this property presents an exciting opportunity for the savvy investor. With plans already approved for full renovations, extending the existing structure, and even building upward, the groundwork has been laid for a seamless transformation. This foresight not only streamlines the process for the new owner but also presents a significant cost-saving advantage. Whether you envision creating additional living space, modernizing amenities, or maximizing the property's potential, the possibilities are endless in this promising development venture.

Imagine the possibilities awaiting at Greenfield Circle in Ottery. With its prime location, existing infrastructure, and approved plans for expansion, this property embodies the epitome of potential. Whether you're a seasoned developer or a visionary homeowner, seize this opportunity to turn dreams into reality and make your mark in this flourishing community.


Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Size: +/- 478 SQM

Rates & Tax: TBD

5 x Secure Parking

Welcoming Offers from: R1 395 000

Property Reference #: 6458713

Agent Details:
Trent Gibbons
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1276332098
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Estimated monthly repaymentR 15,118
Total property loan amountR 1,395,000
Total interestR 2,233,252
Total repaymentR 3,628,252
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.
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Quay1 International Realty
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