A Prime Investment Opportunity in Greendale East
Presenting a substantial property with exceptional potential, ideally located in the established and desirable neighbourhood of Greendale East. Situated on a prominent, busy road with excellent road frontage, this 4500sqm property offers a rare blend of existing infrastructure and boundless development opportunities.
Currently utilized for commercial purposes, the property centres around a well-maintained home that provides an immediate income stream or comfortable family living. The interior is thoughtfully laid out: the former dining and lounge areas have been effectively repurposed as a welcoming reception area and professional boardroom, (with fireplace) for client meetings or family evenings.
The home features three bedrooms, each with built-in cupboards. Two bedrooms are serviced by a shared bathroom, while the main bedroom has the luxury of a spacious ensuite bathroom. The kitchen, presents an opportunity for modernization, and boasts impressive space and includes a convenient walk-in pantry. There is a separate scullery area.
A particularly attractive feature is the self-contained guest wing, comprising a bedroom, lounge, kitchenette area and separate bathroom – accessible via its own entrance. This offers fantastic potential for rental income or accommodating extended family.
Entertaining is effortless thanks to the covered, tiled patio featuring a built-in braai area which overlooks the inviting swimming pool. A dedicated outdoor changing room and toilet add to the convenience for poolside enjoyment.
The property is further enhanced by a neatly maintained front garden with lush lawns and a paved driveway.
Beyond the existing structures lies a large back yard – a blank canvas. Whether you envision further commercial expansion, residential development, or simply ample space for recreation, the possibilities are truly limitless.
Key Features:
• Prime Location: High visibility on a busy road in sought-after Greendale East
• Versatile Use: Suitable for continued commercial operation, renovation into a family home or redevelopment
• Income Potential: Self-contained guest wing ideal for rental income
• Essential Utilities: Two boreholes ensuring water security & uninterrupted ZESA power supply (exempt from load shedding)
• Outdoor Living: Braai area, swimming pool & well-maintained gardens
• Secure Access: Electric gate
CLEAN TITLE DEED
This is a perfect opportunity to acquire a versatile and strategically located asset.