Create multi-generational living or rental income in a sought-after, secure suburb with multiple booms, two homes on one stand, patio with pool shell, six beds, three baths, two double garages.
Opportunity of a Life Time!
This property is truly one-of-a-kind, featuring two homes on a single stand, both in need of significant renovations. Alternatively, you can purchase the property and demolish the existing structures to build your dream home. Ideally situated in a desirable suburb with multiple security booms and offers a fantastic investment opportunity.
The main house features four bedrooms, two bathrooms, a lounge and dining area with a large kitchen needing a facelift.
The second home or should we say the cottage boasts two bedrooms, one bathroom, and a generous living space that flows into an open-plan kitchen and scullery. All in all the property as it stands has 6 bedrooms and 3 bathrooms, 2 kitchens and garaging for 4 cars (combined).
The main house also has a patio overlooking a large pool shell requiring major repairs but lends itself to become stunning again.
Fully walled for added privacy and security, with a double automated garage for the main house and another double automated garage for the second home, so parking is never an issue.
This property is perfect for an investor or a family looking for a spacious and versatile living arrangement in a sought-after neighbourhood. Don`t miss out on this exceptional opportunity to create your ideal living space in a fantastic location and exclusive address. TLC will be the order of the day but at this price it is a steal.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,250,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 193 listings in Sandton (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
193 similar listings
High similar-home inventory town-wide (Sandton)
Median time on market: 178 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Parkmore is a highly sought-after, leafy residential suburb that offers a peaceful, family-friendly atmosphere while remaining exceptionally close to the vibrant business and retail hubs of Sandton.
* Distances and amenities are approximate.