Property description
Nestled in the highly sought-after northern suburb of Montrose, this expansive 5,567m² property offers an incredible opportunity for both developers and homeowners. Set in a peaceful cul-de-sac, just minutes from Liberty Mall and with easy access to the N3, this property is ideally positioned for convenience and growth.
The property is on the verge of being rezoned for medium-density development, making it a perfect investment for developers looking to capitalize on the area’s potential.
Features:
• Original character home with high ceilings and Oregon floors
• Spacious main lounge with a cozy fireplace
• 5 large bedrooms, all with built-in cupboards
• Front and back verandas, perfect for enjoying the outdoors
• Convenient laundry room
• Freestanding garage with ample parking space
• Swimming pool requiring some TLC
• Breathtaking views
• Domestic accommodation included
• R250,000 worth of bricks included on-site – ready for your next project
Located close to top schools, this property offers both development potential and the charm of a family home. Whether you’re looking to reside in a serene setting or develop a lucrative project, this property ticks all the boxes.
Calling all developers – this is the opportunity you’ve been waiting for!
- Pool
- Study
- Staff Accommodation
- Freehold
- Security Features
- Sea View
- Pets Allowed
- Flooring: Wood, Tiles
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Meridian Realty - Virtual Office
Terms of useGet in Touch
Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
