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Live/work opportunity in Protea Glen offering convenience and growth, steps from daycares and Glenridge Shopping Centre. Dual access with rear gate onto main road — three bedrooms, one bath.
Investment Potential in Protea Glen Ext 16
Price: R600,000
Erf Size: 376 m^2
Unlock massive value with this 2
3-bedroom "gem" perfectly positioned for both residential comfort and business growth.
Dual Access: Features a primary entrance plus a strategic rear gate facing the main road—ideal for a surgery or high-foot-traffic business.
Development Ready: A generous 376 m2 stand offers ample space for building profitable back rooms or extending the main house.
Investment Value: Priced well below the area average of R725,699, providing instant equity for a buyer ready to add some TLC.
Prime Location & Amenities:
Education: Steps away from Nthabiseng Day Care (0.07 km), Palesas Creche (0.21 km), and Abc Day Care (0.22 km).
Shopping: Only 0.28 km from Glenridge Shopping Centre and 2.09 km from Protea Glen Mall.
Transport: Conveniently located near the Protea Glen Mall Taxi Rank (1.89 km).
Safety: Close proximity to SAPS Protea Glen (2.63 km).
Listed for sale at R600,000
Price increased by 16.7% to R700,000
Price reduced by 7.1% to R650,000
Price reduced by 7.7% to R600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 33 listings in Protea Glen
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 5,890 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
33 similar listings
Medium similar-home inventory in Protea Glen
Median time on market: 85 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
Protea Glen is a vibrant and growing residential area in Soweto, offering a mix of modern housing, convenient amenities, and a strong sense of community, making it an attractive place to settle down.
* Distances and amenities are approximate.
