Family-focused living in Klipspruit West Ext 2, quiet cul-de-sac close to N12, schools and shops. Large 436 m² erf offers development potential; three-bedroom, one-bath home.
Welcome to 7 Lee Place – a well-positioned freehold property in the heart of Klipspruit West Ext 2, Johannesburg. This 3-bedroom home sits on a generous erf of 436 m2, offering ample space for comfortable living and exciting possibilities for further development. Whether you`re an investor looking to expand or a homeowner seeking room to grow, this property presents a rare opportunity. The surrounding area has seen strong sales activity, with nearby properties fetching up to R980,000, indicating solid market demand and growth potential.
Key Features:
3 Bedrooms (1 with built-in-cupboadsLarge erf: 436 m2Quiet cul-de-sac locationFreehold titleEasy access to the N12Close to schools, clinics, shopping centres, and public transport
Development Potential:
With its sizable erf and favorable zoning, this property is ideal for extensions, additional dwellings, or even a multi-unit investment project (subject to municipal approval). Comparable properties in the area have smaller land sizes yet command high prices, making this a strategic buy.
Don`t miss out on this opportunity to own a property with both immediate comfort and long-term value.
Listed for sale at R750,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 74 listings in Soweto (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 37% below the median.
Similar properties pricing
Key differences
Affordability
R 7,362 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
74 similar listings
High similar-home inventory town-wide (Soweto)
Median time on market: 101 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
Klipspruit West is a developing residential area in Soweto, offering a community-oriented environment with convenient access to essential amenities and the broader Johannesburg area.
* Distances and amenities are approximate.