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Huge Development Opportunity Or Multi-let On Prime Main Road
updated on May 07, 2025
R 4 350 000

WEB REF: 727624

Property Summary
  • Selling Price R 4 350 000
  • Property Type House
  • Erf Size 1399.0000 m2


Description

Accepting Offers. DESCRIPTION: Huge 1399m² Land with large home offering: • Subdivision possibilities • Can be rezoned for business, mixed use or residential apartment development. • Ideal for business as on main road with high traffic exposure. CURRENTLY OFFERS: • 4 Bedrooms • 2 Bathrooms • Lounge and dining • Fitted kitchen • Possible multi-let for income generation. • This home is on two erven and perfect for redevelopment. Rental income ±R44 000pm or ±R528 000pa DETAILS: • Erf no: 61557, Cape Town • Erf size: 1399m² • Zoning: Single residential 1 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

Additional Features
      Property Address

      Nerissa Estate, Cape Town, Western Cape

      Contact Agent(s)

      eMail Agent(s)