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Parkmore, Parkmore, Sandton, Gauteng
R 3 250 000
Opportunity of a Life Time! This property is truly one-of-a-kind, featuring two homes on a single stand, both in need of significant renovations. Alternatively, you can purchase the property and demolish the existing structures to build your dream home. Ideally situated in a desirable suburb with multiple security booms and offers a fantastic investment opportunity. The main house features four bedrooms, two bathrooms, a lounge and dining area with a large kitchen needing a facelift. The second home or should we say the cottage boasts two bedrooms, one bathroom, and a generous living space that flows into an open-plan kitchen and scullery. All in all the property as it stands has 6 bedrooms and 3 bathrooms, 2 kitchens and garaging for 4 cars (combined). The main house also has a patio overlooking a large pool shell requiring major repairs but lends itself to become stunning again. Fully walled for added privacy and security, with a double automated garage for the main house and another double automated garage for the second home, so parking is never an issue. This property is perfect for an investor or a family looking for a spacious and versatile living arrangement in a sought-after neighbourhood. Don`t miss out on this exceptional opportunity to create your ideal living space in a fantastic location and exclusive address. TLC will be the order of the day but at this price it is a steal.
Estimated monthly repayment
R 30 691
on a R 2 925 000 bond over 20 years at 11.25%
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Parkmore, Parkmore, Sandton, Gauteng
Fair-value check
Good valuePriced 27% below comparable 4-bed houses for sale in Parkmore
Based on 23 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Pieter Naidoo
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