House for sale at 5 Olivier Road
Coastal living footsteps from the beach in Reebok, generous 1,245m² stand with expansive garden and flatlet; 3-bed fixer-upper with garage for redevelopment potential.
This property is For Sale in Reebok and offers a rare opportunity to secure a large stand in an exceptional coastal location.
Situated only approximately 145 metres from the ocean, the property enjoys convenient walking access to the beach via a nearby path. The generous stand size of approximately 1,264m2 provides significant potential for renovation, redevelopment, or building a new coastal home.
The existing house consists of three bedrooms, one bathroom, a garage, and additional parking space. The property also includes a flatlet and a spacious garden area with ample lawn space.
While the current home is considered a fixer-upper, the true value of this property lies in its location and stand size. Properties this close to the ocean with stands of this size offer exciting opportunities for buyers looking to create a new coastal residence or explore development possibilities, subject to municipal regulations.
Reebok remains a sought-after coastal suburb known for its relaxed lifestyle and convenient access to Mossel Bay and George.
Images enhanced for marketing purposes.
Listed for sale at R4,900,000
How does this home’s price compare with similar properties?
Price comparison based on 16 similar-sized 3-bed homes.
Insight
Priced 64% above the local median - and above the typical range across Mossel Bay.
Compared with 16 similar homes (23 listings) across Mossel Bay.
It costs more per m² than similar homes - buyers should compare condition, position, views, finishes and floor size before deciding. 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 R4M typical in Reebok (small sample of 4).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Reebok is a tranquil coastal suburb in Mossel Bay that offers residents a peaceful lifestyle with stunning ocean views and convenient access to the natural beauty of the Garden Route.
