3 Bedroom House in Parkhurst

Development Opportunity 4 18th Street, Parkhurst

Positioned in one of Johannesburgs most established and sought-after suburbs, this 495 m² property in Parkhurst presents a genuine opportunity for a developer, investor, builder or buyer looking to create a bespoke home from the ground up.

The existing dwelling is dilapidated and currently uninhabitable, and the property is therefore being offered strictly as-is. Construction and alteration work has already commenced on portions of the property, including structural steelwork, roofing and extensions however, the current works are incomplete.

The property does have existing approved plans for the original dwelling, providing a useful baseline for future redevelopment. Any alterations or additions outside those plans would need to be assessed, regularised or redesigned by the purchaser and the relevant professionals.

The value here lies primarily in the location, erf, existing structure and redevelopment potential, rather than the current condition of the house.

Key features include:

495 m² erf

Prime Parkhurst location

Existing approved plans for the original dwelling

Existing house and partially completed structural works

Large redevelopment renovation opportunity

Suitable for developers, builders and cash buyers

Opportunity to create a modern family residence in a high-demand suburb

Property sold voetstoots as-is

Existing dwelling is not currently habitable

This is not a move-in-ready home and will require substantial investment, professional assessment and completion. It is ideally suited to a purchaser who understands the value of acquiring a property in Parkhurst and transforming it into a high-end residential home.

Address: 4 18th Street, Parkhurst, Johannesburg

Erf Size: Approximately 495 m² yard bigger than normal Parkhurst ERF

Condition: Unfinished dilapidated uninhabitable

Sale: As-is