House for sale
Investor-ready fixer-upper in a well-located pocket, on an oversized corner plot with ample yard for extensions; fire-damaged rear wall and roof need renovation. Three bedrooms, two bathrooms.
NB!!! This property has fire damage to the back wall and the roof. Renovations are needed!
Are you looking for a fixer upper with major upside potential? This property is an oversized corner plot with a big floor size, currently split in to 2 sections.
Features:
- 3 bedrooms (1 bedroom section and 2 bedroom section)
- 2 lounges
- 2 toilets
- 2 kitchens
- Corner plot
- Ample yard space for additional renovations
A must view property and a fantastic buy for the discerning investor. Call Wade today to book your viewing. Home is where the heart is...
Listed for sale at R499,995
How does this home’s price compare with similar properties?
Price comparison based on 37 similar-sized 3-bed homes.
Insight
Priced 85% below the local median - and below the typical range across Cape Town.
Compared with 37 similar active listings across Cape Town.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. 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.
Around R1.9M typical in Lotus River (small sample of 2).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Lotus River is a well-established, community-focused residential suburb in Cape Town that offers affordable housing options with convenient access to major transport routes and essential local amenities.
