House for sale
Step into affordable homeownership in Horizon View — renovate to craft your ideal space with a private garden and strong rental potential. Two bedrooms, one bathroom.
Investment Opportunity in Horizon View – Why Pay Rent When You Can Own?
An exciting opportunity has become available in the sought-after Horizon View development. Whether you are a first-time homebuyer looking to step onto the property ladder or an investor searching for an excellent value-add opportunity, this property offers exceptional potential.
While the home requires some repair work due to existing damage, it has been competitively priced to reflect the improvements needed. This presents the perfect chance to renovate to your own taste while adding significant value to your investment.
With monthly bond repayments that could be comparable to, or even less than, rental payments, this is an opportunity to invest in your own future instead of paying someone else's bond.
Once the necessary repairs have been completed, the property's value and rental potential make it an excellent long-term investment with the prospect of strong capital growth and attractive rental returns.
Property Highlights:
Located in the popular Horizon View development.
Affordably priced with outstanding value.
Ideal for first-time buyers or investors.
Excellent opportunity to add value through renovations.
Strong future resale and rental potential.
A smart investment in a growing neighbourhood.
Don't miss this chance to secure an affordable property with enormous potential. Contact me today to arrange a viewing and discover how this opportunity can become your next successful investment.
Listed for sale at R450,000
Compared with 16 active listings in Queenstown.
Insight
Priced 77% below the local median — and below the typical range for Queenstown.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
16 listings
Similar homes town-wide
170 days
Median time on market
Medium inventory
Active across Queenstown
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Madeira Park is a tranquil and well-established residential suburb in Queenstown that offers a peaceful suburban lifestyle with convenient access to the town's essential services and educational institutions.
