1 Bedroom House on a Big Stand for Sale in Lyttleton – Ideal for a Buy to Renovate Buyer!
This property offers the perfect opportunity to buy, renovate, subdivide, apply for a second dwelling, build 4 units and open two duet sectional title schemes then resell the sectional title unis and make good profit. I can assist the purchaser with securing short term funding for the project if the purchaser qualify for it.
With excellent schools nearby, it's an ideal location for a small private estate.
Conveniently located close to shopping centres, hospitals, medical facilities, schools, restaurants and more. Whether you're looking for fine dining or casual eateries, the area has something to suit your needs.
Property Features:
• Price: R1 400 000.00 TRANSFER DUTY PAYABLE
• Size of the property: 1933 m²
• The property is improved with a rondavel divided in a bedroom, bathroom, kitchen and a small lounge plus a carport,
• The property is suitable to subdivide into two full title stands,
• After a successful subdivision process the new owner can apply for a second dwelling right which will enable the new owner to construct two houses on each of the two stands,
• The new owner will then be able to open a duet sectional title scheme on each of the two stands and sell or let out the sectional title units.
As your agent I can assist you with project management from a – z in the development.
Don’t miss out on this property and its potential. Call, WhatsApp or Email me today to schedule a viewing!
