If you have been searching for the ultimate investment opportunity in the most convenient part of Fish Hoek, this is it! This deceased estate on a double erf of 991 m2, gives you the ability to transform this tired house in desperate need of TLC, into a magnificent family home, subdivide into 2 houses, perfect for a rental investment, or renovate into a small apartment block, which could potentially create between 4 and 6 apartments, ideal for resale at between R750,000 and R950,000, each depending on the configuration, or for a brilliant income from renting all the apartments out.
The kitchen has already been recently renovated to a high standard, which is a bonus!
With some imagination, the options are endless.
Currently offers a 4 bedroom house, 3 bathrooms, 2 out buildings/store rooms plus outside toilet, separate 1 bed flatlet, which can be incorporated into the main house. 2 storage Wendy houses at the back of the property and tandem garage.
Don’t miss out on this fantastic opportunity at only R2,495 Million, you can expect an excellent return.
+27 (0)83 337 4406
+27 (0)21 782 9786
whatsapp agent
arthur@capesky.co.za
arthur@capesky.co.za
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