House for sale at 3 Edgar Bullock Street
Capitalize on high-visibility living and income potential in Ravensmead near Cape Town International Airport and CPUT, featuring Local Business 2 zoning and a granny-flat conversion with loft.
Unlock the Potential – Zoned Local Business 2
This 3-bedroom Ravensmead property is an investor’s dream. With its Local Business 2 zoning, generous erf, and prime visibility from a main arterial road leading to Cape Town International Airport, it offers endless opportunities for those with vision.
The existing home features three well-sized bedrooms, a full bathroom with separate toilet, and spacious living areas with a fireplace and knotty pine ceiling. The garage has already been converted into a granny flat with loft space, and there’s an outbuilding that could serve as another flatlet or domestic quarters.
With multiple income-generating possibilities - from student housing, rental units, to small business premises - this property is truly a blank canvas for development. The location guarantees constant exposure for any business venture, while the grounds provide room for expansion.
This property is also in close proximity of CPUT, if student accommodation is considered.
For the right buyer, this Estate Late property represents serious value and long-term returns.
Listed for sale at R1,400,000
Wide price range across Parow
Prices vary widely across Parow, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Parow.
Price comparison based on 5 similar-sized 3-bed homes.
Market depth
5 similar homes
6 listings across Parow
Low inventory
Active across Parow
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ravensmead is a well-established residential suburb in Parow that offers affordable housing options and convenient access to major transport routes and local community amenities.
