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3 Edgar Bullock Street, Ravensmead, Parow, Western Cape
R 1 400 000
Unlock the Potential – Zoned Local Business 2 This 3-bedroom Ravensmead property is an investor’s dream. With its Local Business 2 zoning, generous erf, and prime visibility from a main arterial road leading to Cape Town International Airport, this Estate Late Property offers endless opportunities for those with vision. The existing home features three well-sized bedrooms, a full bathroom with separate toilet, and spacious living areas with a fireplace and knotty pine ceiling. The garage has already been converted into a granny flat with loft space, and there’s an outbuilding that could serve as another flatlet or domestic quarters. With multiple income-generating possibilities - from student housing, rental units, to small business premises - this property is truly a blank canvas for development. The location guarantees constant exposure for any business venture, while the grounds provide room for expansion. This property is also in close proximity of CPUT, if student accommodation is considered. For the right buyer, this Estate Late property represents serious value and long-term returns.
Estimated monthly repayment
R 13 221
on a R 1 260 000 bond over 20 years at 11.25%
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3 Edgar Bullock Street, Ravensmead, Parow, 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
Willem Dlamini
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