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5 Bank Street, West Bank, East London, Eastern Cape
R 1 805 400
Full Circle Properties is pleased to present this versatile property for sale by way of public online auction, ideally positioned on the vibrant main road of the West Bank. Currently utilised as a residential home, this property presents an exciting range of possibilities for the astute buyer, including potential future business use, subject to the necessary approvals from the local council. The main residence offers three spacious bedrooms; a generous lounge and a separate kitchen fitted with built-in cupboards and an electric oven and stove. Tiled flooring throughout adds to the home's practical, low-maintenance appeal. Adding significant versatility is a self-contained one-bedroom flatlet with a covered veranda. The flatlet requires some TLC, but nothing substantial, offering the opportunity to refresh the space and create an attractive rental unit for additional passive income. The flatlet has its own prepaid electricity meter, making rental management simple and convenient. The property is fully walled and secured, with a single garage providing secure off-street parking. What makes this property particularly appealing is its broad spectrum of potential uses. Whether you are looking for a family home, an income-producing property or a property with potential for future business use, this West Bank address offers the flexibility to adapt the property to your needs. Make the smart move with Full Circle Properties — register, place your bid and move one step closer to owning this versatile West Bank property.
Estimated monthly repayment
R 17 049
on a R 1 624 860 bond over 20 years at 11.25%
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5 Bank Street, West Bank, East London, Eastern Cape
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in West Bank
Based on 97 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Andile Adams
Unclaimed listing — claim it to verify
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