$580,000

Posted: 3 months ago Updated: 3 weeks ago Listing Id: 2409169

Ref.: IPPR244439
This prime commercial property in Alexandra Park, located along College Road, sits on a generous 2,450 sqm stand and is now zoned for commercial use, offering excellent development potential. Currently configured as a well-maintained 4-bedroom home with a main en-suite, fitted kitchen, lounge, dining area, and veranda, it also includes a swimming pool, gazebo, staff quarters, and a separate outbuilding with offices. The property is fully serviced with a borehole, 5,000L water tank, and strong security features, while also generating immediate rental income. Ideal for redevelopment into offices, medical suites, a boutique hotel, or a mixed-use commercial project, this is a strategic investment in a rapidly transforming area.