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Protea Glen, Protea Glen, Soweto, Gauteng
R 845 000
This well-positioned property in Protea Glen offers a rare combination of immediate residential comfort and significant future development potential. Set on an expansive erf, the site is an ideal find for investors looking to capitalize on the high demand for rental accommodation in the area. A neat and functional layout featuring three bedrooms, one bathroom, and an inviting open-plan kitchen and lounge area. The standout feature is the large yard, providing ample space for significant expansion or new construction. Investment Potential. Development Ready: The vast land size is capable of accommodating an additional structure of 8 to 10 residential units, making it a prime candidate for a multi-unit "yield engine" project. Strategic Location: Situated in a high-growth zone, this property is perfect for a developer seeking to maximize rental income or a homeowner looking for a primary residence with massive equity potential. This is a versatile asset designed for those who recognize the value of land and the opportunity for high-density residential development.
Estimated monthly repayment
R 7 980
on a R 760 500 bond over 20 years at 11.25%
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Protea Glen, Protea Glen, Soweto, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 25% below comparable 3-bed houses for sale in Protea Glen
Based on 564 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Christiaan Mokgatle
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