NEW
Web Ref ULR9642
R1,599,000
Monthly Bond Repayment R15,964.09
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
4 Bedroom Freestanding For Sale in Raisethorpe
A Property with Strengths and Opportunities:
Prime Location: The property is situated in an "up and coming, vibrant area" with a strong commercial presence. Its proximity to "Sasol" and location "in-between Debi Place and the Raisethorpe CBD" suggests a central and accessible spot.
Commercial Potential: This is the most significant selling point. The description explicitly states the area is "slowly transforming to be commercial" with nearby shops and doctors. The property itself is noted to have "potential to develop subject to rezoning." This makes it attractive to investors or business owners looking to establish a presence in a growing area.
Residential Use: While having commercial potential, the property is currently a functioning residential home. This provides flexibility for a buyer who may want to live in it while exploring future commercial development, or simply rent it out for residential income
Functional Layout: The description gives a clear, albeit brief, tour of the home's layout: veranda, lounge, dining, passage, bedrooms, and a common bathroom and toilet. This helps a prospective buyer visualize the space.
The property is "readily available," indicating a quick closing is possible, which can be appealing to buyers who are eager to move or start development.
This property listing effectively targets buyers interested in both residential living and commercial investment. It highlights a unique opportunity to acquire a property in a transforming area with the potential for significant future value appreciation. The key for a serious buyer will be to follow up on the commercial potential by investigating the rezoning process and to assess the physical condition of the residential home. Make the call....
Prime Location: The property is situated in an "up and coming, vibrant area" with a strong commercial presence. Its proximity to "Sasol" and location "in-between Debi Place and the Raisethorpe CBD" suggests a central and accessible spot.
Commercial Potential: This is the most significant selling point. The description explicitly states the area is "slowly transforming to be commercial" with nearby shops and doctors. The property itself is noted to have "potential to develop subject to rezoning." This makes it attractive to investors or business owners looking to establish a presence in a growing area.
Residential Use: While having commercial potential, the property is currently a functioning residential home. This provides flexibility for a buyer who may want to live in it while exploring future commercial development, or simply rent it out for residential income
Functional Layout: The description gives a clear, albeit brief, tour of the home's layout: veranda, lounge, dining, passage, bedrooms, and a common bathroom and toilet. This helps a prospective buyer visualize the space.
The property is "readily available," indicating a quick closing is possible, which can be appealing to buyers who are eager to move or start development.
This property listing effectively targets buyers interested in both residential living and commercial investment. It highlights a unique opportunity to acquire a property in a transforming area with the potential for significant future value appreciation. The key for a serious buyer will be to follow up on the commercial potential by investigating the rezoning process and to assess the physical condition of the residential home. Make the call....
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
2
Pool
No
