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R 950 000 Bond Calculator

7 Bedroom House for Sale in Stoneydrift

East London, Stoneydrift


7 Bedroom House for Sale in Stoneydrift

East London, Stoneydrift

7 2
Erf Size: 386 m²

7 Bedroom House In Stoney Drift

Property investors & developers — renovation opportunity! Unlock the Potential. Renovate. Repurpose. Generate Returns. Are you a property investor, developer, entrepreneur, or visionary looking for your next value-add investment? Here is an opportunity to acquire a dilapidated property with exciting redevelopment potential and transform it into a modern, income-generating asset. With the right renovation strategy and vision, this property presents an opportunity to breathe new life into an existing structure and create a sought-after residential or hospitality investment. Three potential investment strategies 1. Private Residential Accommodation Renovate and modernize the property to create comfortable private residential accommodation. Depending on the approved layout and applicable regulations, the property could be repositioned to serve individuals, couples, or small families seeking affordable accommodation. 2. Student Accommodation Explore the potential to convert the property into student accommodation, offering individual rooms or shared living arrangements. This strategy may appeal to investors seeking rental income in areas with demand for student housing, subject to location suitability and the necessary approvals. 3. Airbnb or Short-Term Rental Accommodation With a contemporary renovation, attractive interiors, and thoughtful space planning, the property could potentially be transformed into short-term accommodation for visitors, business travelers, or tourists, subject to local requirements and market demand. Why consider this opportunity? -Value-add potential: Opportunity to improve the property's condition and potentially increase its market value. -Multiple exit strategies: Consider long-term rentals, student accommodation, or short-term letting. - Custom renovation: Design and renovate the property according to your investment strategy and target market. - Income-generation potential: Explore the possibility of creating a rental-producing asset. - Investor-led development: Appoint your own contractor and manage the renovation project according to your budget, specifications, and timeline. IMPORTANT INVESTMENT DISCLOSURE The property is offered as a renovation opportunity and requires the purchaser to undertake their own assessment of its condition, structural integrity, renovation costs, and development feasibility. All renovated photographs and visual representations are for illustrative purposes only. They depict potential renovation concepts and do not represent the property's current condition or completed improvements. The purchaser will be responsible for appointing their own contractor and managing the renovation project, including obtaining any necessary plans, municipal approvals, zoning permissions, and compliance certificates where applicable. Any proposed conversion or change of use is subject to the relevant approvals and applicable legislation. Prospective purchasers are encouraged to conduct their own due diligence, obtain professional inspections and cost estimates, and independently assess the potential rental income and investment returns before making an offer. YOUR NEXT INVESTMENT PROJECT STARTS HERE This is an opportunity for the investor who can see beyond the current condition and recognize the possibilities that thoughtful renovation and strategic property repositioning can unlock. Bring your vision. Create value. Build your next property investment. Contact us for further information, viewing arrangements, and the opportunity to explore this property's potential.

Property Overview

Listing Number
117722741
Type of Property
House
Erf Size
386 m²
Floor Area
270 m²
Rates and Taxes
R 950
Pets Allowed
Yes
Coverage
69 %

Rooms

Bedroom
7
Bathroom
2

Other Features

Internet Access
Fibre

Education

Clarendon Preparatory School
0.37km
Frere Hospital Primary School
0.53km
Clarendon Girls Primary School
0.73km
Clarendon High School For Girls
0.90km
East London Secondary School
0.99km
Selborne College
1.14km
Belgravia Art Centre
1.20km
Cambridge High School
1.31km
St Paul'S College
1.46km
Faith Revival Christian School
1.52km
Selborne Primary School
1.56km
East London Rc Primary School
1.60km
Knowtech Christian College
1.62km
Pefferville Primary School
1.64km
Masakhe Primary School
1.65km
Sinovuyo Secondary School
1.69km
Lujiza Public Primary School
1.73km
St John'S Road Primary School
2.00km
Cambridge Primary School
2.10km
Laerskool Grens
2.13km
Grens Voorbereidingskool
2.16km
Parkside Primary School
2.24km
Crewe Primary School
2.26km
John Bisseker Senior Secondary School
2.46km
East London Science College
2.46km

Transport and Public Services

Panmure
0.68km
Chiselhurst
1.08km
Vincent
2.13km
Cambridge
2.29km
Southernwood
2.32km

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