Ref.: SEF259217
Located in the highly sought-after Burnside/Mqabuko Heights area, this expansive 4,000 m² (1 acre) property presents an exceptional investment and redevelopment opportunity for visionary buyers and developers. Sitting on a solid, sound foundation, the structure offers immense architectural potential, waiting to be finished and customized to high-end standards. The main building features an impressive 18 rooms spread across upstairs and downstairs apartments, complemented by a separate 4-room cottage ideal for staff housing, guest accommodation, or immediate secondary rental yield.

While the property is currently in a dilapidated condition—requiring roof repairs alongside complete interior finishing such as ceilings, tiling, and interior design—its scale and prime location afford endless possibilities. Without an existing borehole, the vast plot provides ample virgin ground for drilling, lush landscaping, extra parking, or further structural additions. Whether redeveloped into a boutique guest lodge, multi-unit rental complex, student accommodation, or an expansive private residential estate, this property is poised for maximum capital appreciation at an asking price of $120,000, with flexible payment terms accepted.