3 Bedroom Freehold For Sale in Sydenham
R1,995,000
Monthly Bond Repayment R20,253.82
Calculated over 20 years at 10.75% with no deposit.
Web Ref No TPR23388
PRIME DEVELOPMENT OPPORTUNITY WITH DUAL STREET FRONTAGE
Prime Development Opportunity with Dual Street Frontage
Ideal for Investors & Developers
This unique property boasts dual frontage and access, positioned strategically between two streets, making it a rare and versatile opportunity in the heart of Overport.
Currently occupied by an older house in need of revamping, refurbishing, or demolition, the true value of this site lies in its development potential. The zoning permits a variety of high-yield uses, including:
Multi-unit residential development
Dwelling house or flat
Located within a conservation area
Special Consent Uses Include:
Boarding house, crèche, educational facility, health and beauty clinic, institution, pet grooming parlour, place of worship, private open space, special building, or veterinary clinic.
Location Highlights
Directly opposite Overport Secondary School
Minutes from the vibrant Brickfield Road commercial corridor
Excellent visibility and access
Whether you're looking to develop residential units, a community facility, or a niche commercial venture, this site offers exceptional flexibility and return potential.
📍 Don't miss out on this rare development gem!