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Randburg Central, Randburg Central, Randburg, Gauteng
R 3 600 000
Six-Bedroom Randburg Home with Development Approval and Multiple Income StreamsOak Avenue: A Versatile Family Home with Development Potential in Randburg CentralOak Avenue represents a rare opportunity in one of Randburg Central''s most established residential areas. This spacious 2,514 square metre property combines immediate residential appeal with flexible income-generating potential and approved development prospects. Whether you seek a substantial family home, a business base, an investment with multiple revenue streams, or a development site, this property delivers genuine versatility.The main residence comprises six bedrooms and 4.5 bathrooms, featuring two separate kitchens and two lounges that provide flexibility for extended family living or professional use. Four external rooms with two en-suites offer additional accommodation options suitable for staff quarters, home offices, consulting rooms, or rental units. The property includes a swimming pool, double garage, carport, and comprehensive security features including electric fencing, alarm systems, and intercom access. Infrastructure highlights include a borehole and three-phase electricity supply, ensuring reliable utilities for residential or business operations.Key Features2,514 square metre full-title stand in established suburbSix bedrooms and 4.5 bathrooms in main residenceTwo kitchens, two lounges, and studyFour external rooms with two en-suites for flexible useSwimming pool and secure parking for multiple vehiclesBorehole and three-phase electricityRezoned to Residential 3 with approval for 12 townhouse unitsComprehensive security: electric fencing, alarm, intercom, and security gatesThe property''s development approval for 12 townhouse units provides significant long-term investment potential, whilst the current configuration supports immediate occupation or rental income. This combination of spacious residential accommodation, business flexibility, and development upside makes Oak Avenue an exceptional proposition for buyers seeking multiple pathways to value creation. Contact the agent to discuss zoning approvals, development plans, and how this property can meet your specific requirements.BAROVILLE TRADE AND INVESTMENTS 10 PTY LTD trading as REMAX Town and Country Florida operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 33 996
on a R 3 240 000 bond over 20 years at 11.25%
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Randburg Central, Randburg Central, Randburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Johan Molefe
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