Owner asking R2,500,000, taking offers from R2,450,000. Located on the highly visible and bustling Rabie Street, this substantial 6-bedroom, 2-bathroom property presents an exceptional investment opportunity for developers and business owners alike. Positioned opposite a petrol filling station, the property offers ample front parking space, making it ideal for a wide range of commercial uses.
The surrounding area is experiencing significant growth, with many neighbouring properties transitioning from residential homes to thriving businesses. This makes rezoning and commercial development a lucrative option, offering potential for value appreciation as the area continues to evolve.
The house itself is in solid condition and offers versatility for immediate use as residential or office space. For those looking for service-oriented business options, the property features two large warehouse areas, perfectly suited for a garage workshop, panel-beating business, or additional storage space.
This is an outstanding opportunity for developers or business owners to take advantage of the growing commercial demand in this strategically positioned area.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
