Rugby · House For Sale
3 Bedroom House For Sale in Rugby
- R 2,800,000
- 3 bd
- 2 ba
- 637 m²
Investment opportunity for development or rental
A North facing 3 bedroom 2 bathroom home with an income-generating large flatlet.
Ample ground to entertain or garden for play.
Possibility to expand the income generating units, by building extra flatlets.
Potentially a development site of 634m2 zoned GR2 accommodating a multi-storey apartment block with mountain and sea views.
Financially viable development options have been investigated: 48 units at 25 m2, 24 units at 50 m2, or, an eleven-unit complex or 3-bedroom units. Relaxed parking restrictions have been tacitly approved. So, follow all regulatory guidelines for an R2 development, and approval is secured.
Major bulk infrastructural upgrades have already started with a commissioning date of 2026: just in time to achieve approval for any development.
The property is ideally located on the corner of Max and Koeberg Roads: Myciti and all public transport routes within the immediate location of the property. Access from Max Road and egress into Koeberg road is permitted.
Or, add to your rental property portfolio. Rugby has a huge rental market.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Rugby, Northern Suburbs
- Price
- R 2,800,000 · Get Pre-Qualified
- Price per m²
- R 4,396
- Floor Size
- 192 m²
- Erf Size
- 637 m²
- Bedrooms
- 3
- Bathrooms
- 2
Map & Nearby
Price Trends · Rugby, Northern Suburbs beta
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The current average sales price for a 3 bedroom property in Rugby on ImmoAfrica.net is R 1,744,000
The current average sales price for a 2 bedroom property in Rugby on ImmoAfrica.net is R 980,000
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| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | ||
| 2 Bed | R 980,000 | |
| 3 Bed | R 1,744,000 | |
| 4 Bed | ||
| 5 Bed |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | ||
| 2 Bed | R 13,067 | |
| 3 Bed | R 5,956 | |
| 4 Bed | ||
| 5 Bed |
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