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Padfield Park, Padfield Park, Pinetown, KwaZulu-Natal
R 1 500 000
* on show by appointment sunday 23rd august from 2.00-4.00PM * Situated on a generous 1,927m² erf, this property offers endless possibilities. The existing layout makes it easy to convert the main house and additional buildings into a spacious home with three separate flats, creating excellent rental income potential. The property currently offers: - 5 Bedrooms - 3 Bathrooms - 2 Living Areas - Kitchen - Separate Flatlet - Staff Accommodation - Double Garage The property was affected by the 2022 floods, and the swimming pool and parts of the garden have not been restored. While it requires extensive renovation, it presents an outstanding opportunity for an investor or developer to add significant value. To help you visualise the possibilities, AI concept images are included alongside the original photos to showcase what this property could become after renovation. Opportunities like this are rare. Bring your vision, unlock the potential, and create a high-yield investment or a magnificent family estate. Unlock the potential of this exceptional investment opportunity! CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Upper Highway) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 14 165
on a R 1 350 000 bond over 20 years at 11.25%
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Padfield Park, Padfield Park, Pinetown, KwaZulu-Natal
Listed by
Nomvula Van der Merwe
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