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Blackheath, Blackheath, Randburg, Gauteng
R 2 490 000
CALLING INVESTORS WITH A LONG-TERM VISION This is a unique opportunity in a PRIME LOCATION for a medical practice or service-oriented business to invest strategically in a property. The area has transitioned from primary residential to a busy commercial and retail zone. This being the last Residential Zoned 1 property (with medical usage consent), it offers an investor or entrepreneur with vision for redevelopment the opportunity to buy now at a market-related price and build value over time. Currently used as a dental practice, the property offers a solid structure for renovation and repurposing. FEATURES - Four large spaces (previously double-sized bedrooms), (the dental suite has an en-suite bathroom) - An open-plan reception area next to a large kitchen and storage area - A converted double garage with its own exit door - Three bathrooms - Additional space for three offices in the previous family room area - Two outbuildings: double store room and helper`s room with toilet and basin, bedroom and storage area. - An expansive, landscaped garden with a pool in working condition - Secure parking for 14 cars BENEFITS TO INVESTORS 1. The property is located just off Pendoring Road, offering easy access to Beyers Naude Drive and the N1 highway. Its location caters to a wide range of economic segments – from premium to budget-friendly. 2. It is situated within walking distance of the Heathway Centre and the Mountain View Retirement Village. 3. The area has transitioned from primarily residential to a busy commercial and retail zone 4. This property presents an ideal service-oriented business opportunity for investors in the medical and wellness field. 5. The property offers a redevelopment opportunity for an investor in the affordable rental market. Situated in a low-vacancy area, the property offers high rental income potential and strong capital growth. POTENTIAL USES - Medical suites or a health and wellness centre - Professional law, finance, or consultancy offices - Private tutoring centre - Rehabilitation centre - Fitness facility, or a - Rental income conversion. The owner is open to negotiating reasonable, solid offers. Ready to buy? Call Lizl or Susan to make an appointment to view. This may be the best decision you have made this year!
Estimated monthly repayment
R 23 514
on a R 2 241 000 bond over 20 years at 11.25%
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Blackheath, Blackheath, Randburg, Gauteng
Area view — the exact address is shared on enquiry.
Liivra AI market value
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