R 2 835 000
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7 Bedroom House in Panorama

5 koorts street
7 4 2 1 281 m²

Income generating property

Sole Mandate

House:

This spacious property on a corner plot, offers exceptional potential for the right buyer with vision and the willingness to invest some TLC. The main house features three well sized bedrooms and two bathrooms, providing a solid foundation for a comfortable family home. While the interior and exterior requires attention and updating, the layout lends itself beautifully to modernisation and personalisation.

A double garage provides secure parking and adds to the practicality of the home.

Flat 1:

Above the garage is a seperate 3 bedroom flat- an incredible bonus space that is income generating.

Flat 2:

Bachelors flat that is also income generating, with a seperate entrance.

Potential flat 3:

Loft above the house that still needs to be developed. It is a blanc canvas for expansion- whether as a home office, studio, or additional living space.

Overall, this property is ideal for buyers looking to restore and revitalise a home with multiple income streams and flexible living options. With the right vision, it can be transformed into a truly rewarding investment.

Property details

  • Listing number T5451095
  • Property type House
  • Listing date 9 Apr 2026
  • Land size 1 281 m²

Property features

  • Bedrooms 7
  • Bathrooms 4
  • Garage parking 2
  • Flatlets
  • Pet friendly
  • Kitchen
  • Family TV room

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