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4 Bedroom House For Sale in Claremont Upper

R5,500,000


Monthly Bond Repayment R58,653.63
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL23301

Prime Investment Opportunity in Upper Claremont – Redevelopment Potential with GR4 Zoning

SOLE MANDATE

Positioned on a 453 square metre plot, this property offers a rare opportunity in the prestigious neighbourhood of Upper Claremont. With a house size of 224 square metres and GR4 zoning, the home holds tremendous potential for redevelopment, whether for the creation of flats or student accommodation, making it ideal for astute investors or those with an eye for transformation.

The existing residence comprises three bedrooms, with the principal bedroom benefitting from an en suite. A family bathroom is located downstairs, featuring both a bath and a shower, whilst an additional bathroom upstairs provides for the remaining rooms. There is also a separate cottage on the property, complete with its own entrance, a kitchenette, and an en suite bathroom with a shower.

Outside, the paved garden leads to a pool. The property features secure parking, including a single garage and additional space for up to three vehicles. Inside, the lounge is centred around a fireplace and has tiled flooring, while the dining room is finished with vinyl flooring. A sunroom at the rear of the house provides a flexible space that could serve a variety of purposes.

For added peace of mind, burglar bars have been installed throughout the property. The home is also pet-friendly. Estimated rates are approximately R2,900 per month.

Whilst the house requires renovation throughout, its solid structure and prime location present an exciting opportunity for those looking to create something special. Whether you are seeking to develop an investment property or reimagine this home for family living, the potential here is substantial.

Features

Bedrooms 4
Security Yes
Bathrooms 4
Flatlet 1
Recep. Rooms 3
Floor Size 224m²
Garages 1
Land Size 453m²
Carports/Parkings 3
Pool Yes
Pets Allowed Yes
Monthly Rates R2,900.00

Agent Contact Details

Charles Silbert
Head Office

Cell 082 555 4286
Office (021) 7634120
WhatsApp Me
Daniele Matheson
Head Office

Cell 083 556 9391
Office (021) 7634120
WhatsApp Me

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