4 Bedroom House in Highlands North

NVESTOR ALERT Distressed Sale in Highlands North155 10th Avenue, Highlands North, Johannesburg | Erf 689Calling all investors and property flippers this is the deal you''ve been waiting for.A freehold property on a 495 m² erf in the established, high-demand suburb of Highlands North is now available as a distressed sale, with the seller motivated and asking just R1,300,000.Why this is a smart buy:The average sales price for comparable properties in this area is R1,600,000, with recent nearby sales ranging from R1,350,000 up to R1,830,000. That means you''re stepping in R300,000 below the area average, leaving immediate built-in equity and strong upside for a flip or buy-to-rent play.The numbers at a glance:- Asking price: R1,300,000 distressed motivated seller- Area average sales price: R1,600,000- Municipal valuation: R2,418,000- Erf size: 495 m² freehold- ZoningUsage: ResidentialLocation & lifestyle draw:Positioned in a sought-after Johannesburg node with excellent amenities on the doorstep shopping centres Balfour Court, Balfour Park, High Land Centre all within 0.5 km, reputable schools Waverley Girls'' High, Babylife Montessori, Boost Academy, medical facilities, and fuel stations minutes away. This kind of convenience keeps resale and rental demand consistently strong.The opportunity:Whether you''re looking to renovate and flip for a quick return, or hold as a rental in a stable, appreciating suburb, the R300,000 margin between the asking price and the area average gives you room to work and profit.Distressed sales like this move fast. Serious investors should act now. Show more Show less