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R3,500,000 | 5 Bedroom Freehold For Sale in Parkwood

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R3,500,000

Monthly Bond Repayment R36,723.96
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R3,426

5 bedroom house in Parkwood

EXCELLENT COMMERCIAL OPPORTUNITY OR RESIDENTIAL TRANSFORMATION

Transform this original home into a stunning residence, or capitalise on its superb location for an amazing commercial opportunity, based on the granting of Consent Use.

With character features, such as Oregon flooring, pressed ceilings, and solid stonework, this wonderful old home could be transformed into wonderful offices, a wellness or healthcare centre, training facilities, or alternately the property could be considered for multiple dwelling units, all subject to the availability of municipal infrastructure and adhering to the Local Authority design principles.

Stained glass lead windows at the entrance, set a precedent of what the property offers – including a variety of bedroom/office options. The sitting-room or boardroom, a beautiful large room with a stone fireplace, opens to the north-facing patio and garden, while alongside, a spacious main office/room has the same features.

The balance of the home is made up of five further offices, all of various sizes for various uses, a large kitchen with separate scullery and pantry, and two bathrooms.

Two further rooms/offices, several storerooms and a bathroom are located outside, overlooking a lovely sunny seating area for staff.

With two entrances, parking includes parking for 17 cars, nine of which are undercover.

Located in a prime position on Cardigan Road, opposite Zoo Lake, this property has prime access to the main arterials in the area, making it a highly viable option for a commercial or development opportunity.

Features

5
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
3
Kitchen
1
Reception Rooms
1
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
17
Pool
No
Sizes
Floor Size
400m²
Land Size
1,825m²
1
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