For the seasoned property developer that has a shrewd eye for properties with untapped potential.
Set amongst massive, upmarket homesteads, this beautifully positioned property is waiting for a developer or renovator to realise its potential by building luxury sectional title units or upgrading the residence to the spectacular home or guesthouse it should be. Set in affluent Stirling Crescent, the residence itself is run down but the location is much sought after and thus has the potential to realise a great return on investment.
The extensive level land is the most important feature and provides a host of opportunities for the savvy developer The original spacious residence was altered to 9 bedrooms, 4 of which have en-suites and external entrances. There is a large swimming pool near the house and the property is fully walled and gated and very secure. The street is safe and secure with the presence of security guard huts and guards from a well-known security company.
Should you require any further information on the more detailed specifications of the property, please contact me. Viewings can be organised by appointment only.
Durban North is a popular suburb for families and it comes as no surprise with its picturesque surroundings, friendly people and great schools nearby. You can find stunning spacious homes with gardens and pools. It truly is the perfect suburb to live for families with kids of all ages, and the happily retired.
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