R 450 000 | 5 bed property for sale in blackheath industrial

Exclusive Mandate DEVELOPERS & INVESTORS DONT MISS THIS OPPORTUNITY! Awash Street, Wimbledon Estate, Blackheath Priced to Sell R450,000 A developers dream and an excellent investment opportunity! This well-positioned corner plot offers exciting potential for investors, developers or buyers looking for a property that can be transformed into a valuable income-producing asset. The property currently consists of: 2-bedroom main house 3 separate studio units Each studio has its own prepaid electricity meter Each studio includes its own toilet and shower facilities Corner plot with excellent potential for further improvements Property requires TLC and renovation, creating an opportunity to add substantial value With the existing layout of a main house plus three studios, this property offers the potential to generate multiple rental incomes once renovated and brought up to standard. Current long-standing tenants Excellent location: Conveniently situated near the Blackheath Industrial Area, with easy access to Zevenwacht Shopping Mall, Belhar Airport Mall, and surrounding amenities. The property is also ideally positioned near the beginning of the Cape Town Winelands Stellenbosch route, making the location attractive for both residential and investment purposes. On Taxi Route Asking Price: R450,000 Cash offers will be favourably considered. Properties offering this kind of potential at this price point are not often available serious investors and developers should act quickly. Call or WhatsApp Godfrey: