R850,000

3 bedroom house for sale in Walmer

This property is on a huge erf and is situated on the border of Walmer suburb in the midst of a a commercial node. Due to the that, the comparable valuation is valued at R1,8million and one would therefore be buying at below market valuation.

Possible options to consider;

1) flatten the main house and put up a warehouse or commercial building.

2) Add flatlets 3-5 additional flatlets behind the property for additional income.

3) Put up a low cost housing complex or sectional title scheme.

Amenities

Easy access to main road access

Close to sought after schools

2 Large shopping centres in area

Call to arrange your private viewing now!

Property Type
House
Bedrooms
3
Bathrooms
1
Stand Size
1,137m²
Building Size
139m²
Rates & Taxes
R668
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house listed on 23 Dec 2020