- 3
- 2
- 2
- 929.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1592.00
Property description
Situated on a level 929m²site in sought-after Somerset Avenue, this property presents an excellent opportunity for developers, investors, or buyers looking for a complete renovation project.
The existing home is in a dilapidated condition and require renovation or redevelopment. Zoned General Residential 2 (GR2), the property offers potential for future residential development, subject to the necessary municipal approvals.
The existing dwelling comprises:
• 3 Bedrooms
• 2 Kitchens
• 2 Lounges
• Multiple bathrooms
• 2-3 Outbuildings
• Ample off-street parking
• Large garden
Ideally positioned close
to major hospitals, universities, schools, shopping centres and public transport routes, the property is located within an established residential
area with strong rental and investment demand.
Property Features:
• 929m² level land
• GR2 zoning
• Large garden
• Extensive parking
• Outbuildings
• Development potential
• Excellent central location
Whether you are looking to redevelop, invest, or restore, this is a rare opportunity to secure a well-positioned property in one of Durban's established urban precincts.
Call today to arrange a viewing.
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 2 Garages
- 2 Lounges
- 1 Dining Area
Property Features
- Staff Quarters
- Storage
- Wheelchair Friendly
- Pets Allowed
- Access Gate
- Kitchen
- Garden
- Family TV Room
| Bedrooms | 3 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 929.0 m2 |
Contact the Agent
Justine Gage-Snyman
Candidate Property Practitioner