5 Bed House in Montrose

An Investment of a Lifetime!

This property offers an exceptional opportunity to reside or develop. An expansive 5567m2 property with its Medium Density Zoning underway, the potential is endless. Whether you dream of building your dream home or desire to create a lucrative investment, this is the perfect canvas for your vision.

There is currently 5-bedroom house on the property with a freestanding double garage, domestic quarters and swimming pool that needs alot of TLC.

The Seller has envisioned a residential complex with the following plans:

Convert the existing house (230m2 estimated) into a duplex of 2x units with appropriate renovations and additions. Each comprising of:

2/3 bedrooms andamp study

full common bathroom and 1 en-suite

open-plan lounge, kitchen and dining room

double garage, laundry room and front veranda

2.3x New double-storey units (235m2 estimated) Ground Floor. Each comprising of:

2/3 bedrooms andamp study

full common bathroom and 2x en-suite

open-plan lounge, kitchen and dining room

double garage, laundry room and front andamp back veranda

3.3x New double-storey units (196m2 estimated) 1st Floor. Each comprising of:

2 bedrooms

full common bathroom and 1 en-suite

open-plan lounge, kitchen and dining room

double garage, laundry room and front veranda

4. 3x New single-storey units (235m2 estimated) Ground Floor. Each comprising of:

2/3 bedrooms andamp study

full common bathroom and 1 en-suite

open-plan lounge, kitchen and dining room

double garage, laundry room and front andamp back veranda

Situated in a desirable location, you''ll enjoy the convenience of nearby amenities and an excellent school district. Kindly note that the fees associated with municipality submissions, final plan proposals, engineers/geotechnical design, and other associated costs are excluded.

Don''t miss out on this chance to make your real estate dreams come true. Opportunity is knocking seize it today and turn your aspirations into reality.

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.