R1,650,000

R1,650,000

3 Bedroom House For Sale in Malvern
3
Bedrooms
2
Bathrooms
2
Garages
On Show
Sole Mandate
On Show
Wednesday, 03 June 2026
16:30:00 to 17:30:00
Directions From Spence Road turn into Lloyd Place
Print

Prime Corner Property with Dual-Income Potential and Future Development Opportunities

Web Ref. WRL88034
Land size 1414.00 m²
Monthly Bond Repayment
R16,197.11
This prime corner property offers an outstanding opportunity for investors, developers, or buyers looking to unlock future value. Combining immediate income-generating potential with long-term development prospects, this is a property that rewards vision.

The main home features a spacious kitchen, comfortable lounge, scenic balcony, and three well-sized bedrooms, including a main en-suite. An adjoining flat provides additional versatility with its open-plan kitchen and lounge area, plus a generously sized bedroom—ideal for generating a second rental income, accommodating extended family, or creating a work-from-home space.

The property offers ample space for future expansion, whether through additional flats or other income-producing opportunities.
Practical features include a double garage and covered parking for up to four vehicles, ensuring convenience for occupants and tenants alike. The corner position enhances accessibility, visibility, and overall development appeal.

While the property would benefit from a little TLC and cosmetic updating, it presents a rare chance to add significant value and maximize returns. With solid fundamentals, generous land size, and multiple income opportunities, this is an investment with both immediate and future rewards.

A property with great bones, excellent potential, and the opportunity to transform it into something truly exceptional.
Monthly Rates R836.42

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Garages
2 Parkings (Carport)
1 Flatlet
Pet Friendly
Sizes
Land Size 1,414 m²

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.