4 Bedroom House For Sale in Mindalore

R1,020,000

Monthly Bond Repayment R10,528.32
Calculated over 20 years at 11.0% with no deposit.

Web Ref RNR26501

Monthly Rates R2,500

PRIME DEVELOPMENT OPPORTUNITY

4-Bedroom Freestanding Home in Very Poor Condition – Priced to Sell!

Located in the heart of Mindalore, this property offers a rare and exciting opportunity for developers, investors, or renovators. Set on a generously sized erf, this 4-bedroom, 2-bathroom home is in a severely dilapidated condition and not suitable for occupancy – making it ideal for a full redevelopment or complete rebuild project.

4 Bedrooms
2 Bathrooms
Free-standing house
Requires total renovation or demolition
Ideal for redevelopment or new residential build

Why This Property?
Prime location with easy access to main roads and local amenities
Quiet residential area showing consistent demand
Perfect for developers looking to build modern housing
Competitive pricing with room for profit

ALL OFFERS WILL BE CONSIDERED. Motivated seller.

Investment & Development Potential:
This property represents excellent potential for:
• A modern single-family home rebuild
• A multi-unit residential development (subject to zoning and approvals)
• Land banking for future appreciation

Zoning: Residential
Erf Size: 1308 (m² / ha)
Rates & Taxes – R 2500

Contact now to view this property.