House · For SaleRef RL1072
Exceptional Investment Opportunity with Endless Development Potential
R 1 050 000
Eikendal, Kraaifontein
Under offerKey facts
- Type
- House
- Bedrooms
- 3
- Bathrooms
- 1
- Carports
- 4
- Land size
- 762 m²
Positioned on a spacious erf with outstanding development potential, this three-bedroom property presents a rare opportunity for buyers looking to renovate, expand, or invest.
Whether your goal is to create a comfortable family home or add value through future improvements, this property offers the space and flexibility to bring your vision to life.
The home consists of a lounge, kitchen, three bedrooms, a bathroom fitted with a bath and basin, and a separate toilet. Its practical layout provides a solid starting point for modernisation, allowing the new owner to redesign and upgrade the home to suit their own style and requirements.
One of the property's greatest assets is the expansive yard.
The generous outdoor space offers exceptional potential to extend the existing home, create an entertainment area, or develop multiple flatlets at the rear of the property to generate additional rental income (subject to the necessary approvals).
With ample space to accommodate a variety of future developments, this erf presents an outstanding investment opportunity.
Please note that the property does not currently have an electrical installation, allowing the purchaser to incorporate a new electrical system as part of their renovation or development plans.
Combining a substantial erf, excellent development potential, and the opportunity to add significant value, this property is well suited to investors, developers, or buyers with the vision to unlock its full potential.
Features
- pets allowed
Good to know
What is the asking price?+
This house is on the market at R 1 050 000.
How many bedrooms and bathrooms does it have?+
It has 3 bedrooms and 1 bathroom.
Is there parking?+
Yes - 4 parking bays.
How big is it?+
The land size is 762 m².
Is it pet-friendly?+
Yes - pets are allowed.
Where is it located?+
It's in Eikendal, Kraaifontein.
Bond repayment
Estimated monthly repayment
R 10 241
On a R 945 000 bond over 20 years at 11.75%.
Transfer costs
- Purchase price
- R 1 050 000
- Transfer duty (SARS)
- R 0
- Transfer & conveyancing (est.)
- R 33 600
Estimated once-off costs
R 33 600
Indicative only - bond registration costs excluded; your conveyancer confirms final figures.
Pre-qualified before you offer
Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.
Call 087 474 0483
