R4,800,000
R4,800,000
Monthly Bond Repayment R50,364.29
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Rates
R1,900
R1,900
Rare Development Opportunity in Diep River: Expansive Plot with Subdivision Potential
Quay 1 International Realty | Asking Price R 4 800 000
Introducing a rare and exceptional development opportunity in Diep River. This expansive property, situated on a generous 1,594 square meter plot, is currently available for sale. Featuring a four-bedroom home with 1.5 bathrooms, this property presents an ideal canvas for developers looking to create something special in a prime location.
The size of the plot offers immense potential for development, with the option to subdivide into up to five freestanding homes, all while retaining the current house. Alternatively, the space lends itself to the construction of townhouses or apartments, making it a versatile investment for those looking to tap into the growing demand for housing in the area.
Conveniently located in Diep River, this property is near essential amenities, including shops, schools, and healthcare facilities. Its proximity to public transport ensures easy connectivity for future residents, making it an attractive proposition for both developers and potential homeowners alike.
With its unique blend of space, location, and potential, this property offers an excellent opportunity to capitalize on a prime piece of real estate. Whether you're looking to develop or invest, 22 Mile End Road is a property that promises significant returns.
Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.
Rates: +-R1900
Asking price: R4 800 000
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
1.5
Kitchens
1
Exterior
Garages
4
Carports / Parkings
8
Sizes
Land Size
1,594m²
Diep River, Cape Town
Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.