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1 BEANSTON COURT, 81 Main Road, Plumstead, Southern Suburbs, Western Cape
R 13 500 000
Rare Development opportunity GR4 Zoned.An opportunity like this presents itself very rarely and we are proud to introduce our exclusive sole mandate, inviting developersinvestors to create something magical on this property.Owned by a family for many years, this historic two storey building which is able to go up to five storeys, includes seven flats, an established garden, swimming pool, and private parking behind the block.All the flats are owned by the current owner, under a Sectional Title Scheme. The opportunity to incorporate the existing building and create many more units with an additional three floors would be highly suited to the area, which includes many apartment buildings. It is on the main Road with great access to shops, schools, hospitals and other city amenities.The current mix of flats are:45 sm units x 271 sm units x 2116 sm units x 222 sm unit x 1Established garden with well point water.Fully walled with Auto gate.Contact us to discuss further and to view this exciting opportunity. Show more Show less
Estimated monthly repayment
R 127 485
on a R 12 150 000 bond over 20 years at 11.25%
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1 BEANSTON COURT, 81 Main Road, Plumstead, Southern Suburbs, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Lebo Mahlangu
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