R1,020,000
Monthly Bond Repayment R10,355.33
Calculated over 20 years at 10.75% with no deposit.
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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.
Extras
Tiled Floors; Wooden Floors; Fireplace; Carport; Pool Shed
