R1 300 000
Monthly Bond Payment: R
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Incredible Investment Opportunity in Palmiet: Expansive Property with Endless Potential
3 Bedroom House For Sale in Palmiet
Incredible Investment Opportunity in Palmiet: Expansive Property with Endless Potential
Monthly Bond Payment: R
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Discover the hidden gem of Palmiet – a sprawling property with immense potential, perfectly positioned to capitalize on the evolving landscape of this up-and-coming area. Situated on a vast plot of land, this house presents a unique canvas for investors and developers seeking to shape the future and reap the rewards.
This spacious 3-bedroom house offers an abundance of living space, making it versatile and accommodating for various needs. The two well-maintained bathrooms cater to both residents and potential tenants. The heart of the home boasts a fully fitted kitchen, ideal for culinary enthusiasts, and expansive lounge areas that invite relaxation and connection. Unleash your creativity and design the ultimate living space that suits your vision.
The undeniable allure of this property lies in the vast expanse of land it sits on. A developer's dream, this blank canvas offers opportunities for innovative design, landscaping, and future development. Positioned on a main road that is currently witnessing rapid development, this property's location is strategic. Being in close proximity to the local university, the demand for student accommodation is soaring, making this an excellent investment prospect.
While the house requires some tender loving care, the foundation is solid, offering you the chance to restore, renovate, or reimagine. Embrace the potential and let your creative ideas flourish. With the surge in student enrollment at the nearby university, the demand for affordable and convenient accommodation is on the rise. This property aligns perfectly with this trend, presenting a golden opportunity for a steady and substantial rental income stream.
If you're a visionary developer seeking a project that promises both financial growth and community impact, this property is your canvas. Build student accommodations, apartments, or townhouses – the possibilities are limited only by your imagination. Seize the moment to shape the future of Palmiet and realize your investment aspirations. This property's location, combined with its generous land size, presents a unique proposition for savvy investors to leave an indelible mark on the neighborhood's evolution.
Contact Jaret for viewings.
RE/MAX Sell-ect operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 730 |
Web Ref | RXBG-2753 |
Property Type | House |
Erf Size | 1695m2 |
Bedrooms | 3 |
Bathrooms | 2 |
Garage | 8 |
Jaret Reddy
Sales Associate
RE/MAX Sell-ect (Phoenix)
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Monthly Bond Payment: R