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Cambridge, Cambridge, East London, Eastern Cape
R 995 000
This spacious 822m² property offers an excellent opportunity for investors, developers, or buyers looking for a property with multiple income-generating possibilities. The property currently features two separate flats, each offering its own bathroom and kitchen, providing privacy and convenience for tenants or extended family members. Both flats are fitted with gas geysers, making them practical and cost-effective living spaces. The remainder of the property consists of generous vacant land, offering plenty of space and significant potential for future development, additional accommodation, or other uses, subject to the necessary approvals. With two existing flats and a large portion of vacant land, this property presents a versatile opportunity with rental income potential and future development possibilities. Key Features 822m² erf Two separate flats Each flat has its own kitchen Each flat has its own bathroom Gas geysers in both flats Large area of vacant land Potential for further development, subject to approval Ideal investment or rental-income opportunity A property with existing accommodation and plenty of room to grow — an opportunity not to be missed.
Estimated monthly repayment
R 9 396
on a R 895 500 bond over 20 years at 11.25%
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Cambridge, Cambridge, East London, Eastern Cape
Fair-value check
Good valuePriced 36% below comparable 2-bed houses for sale in Cambridge
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Hilarious Guvamombe
ID Properties
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