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Eazi Real Estate is a FIXED fee agency that offers more room for negotiation.

Investment Opportunity: Prime Location Near Strand Beach with Development Potential

This property offers a fantastic investment opportunity in a sought-after location, just minutes away from the beautiful Strand Beach. Set on a large ERF of 862m², the property is zoned GR2, allowing for 60% usage and a 15m height restriction, offering the potential for a small development or further expansion.

Currently, the property consists of two separate dwellings:

1. Main House: A charming, older home featuring 3 spacious bedrooms, 2 bathrooms, a kitchen, and a kitchenette. The home boasts classic features such as wooden flooring, high ceilings, and thick walls, adding character and potential for modern updates. The living areas include a comfortable lounge and dining room, providing a solid foundation for renovation or redevelopment.

2. Second Property: A smaller unit with 1 bedroom, 1 bathroom, and an open-plan lounge and dining room, perfect for rental income or as an additional living space.

With its large plot and prime location, this property holds significant potential for an investor or developer looking to capitalize on the growing demand in the area.

Whether you choose to renovate the existing homes or explore the development possibilities under the current zoning, this property provides numerous opportunities to add value and generate returns.

Don’t miss out on this incredible opportunity to own a piece of prime real estate just minutes from the beach!

Contact Lee-Anne today to arrange a viewing.