House for sale
Live-work opportunity above Rachel de Beer strip in Koos de la Rey Street — high exposure, near transport and schools, large workshop with room and toilet, mature fruit trees.
Situated above the Rachel de Beer commercial strip in Koos de la Rey Street, this 1,552m2 panhandle property offers exceptional potential for investors, entrepreneurs, and buyers looking to create something unique. The property features a large workshop complete with a room and toilet, making it ideal for storage, light industrial use, or future business ventures. Conveniently located near schools and on major bus and taxi routes, the property enjoys excellent accessibility and exposure within a well-established area.
The stand is enhanced by several mature fruit trees and presents a blank canvas for further development. While there is currently no water or electricity connected, the property's size and location provide endless possibilities. As part of a deceased estate, the property is sold as is. An added advantage is that the adjoining property at the rear, also forming part of the estate, is available for purchase. With a spacious house and additional development potential, the combined properties present an outstanding opportunity for a business owner seeking a workshop and residential premises in close proximity
Listed for sale at R1,200,000
Price reduced by 12.5% to R1,050,000
How does this home’s price compare with similar properties?
Price comparison based on 8 similar-sized homes.
Insight
Priced 32% below the local median - and below the typical range in Pretoria North.
Compared with 8 similar active listings in Pretoria North.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Pretoria North is a well-established, family-friendly residential suburb offering a convenient lifestyle with easy access to essential amenities, major transport routes, and scenic outdoor spaces.