R1,700,000
3
Bedrooms
1
Bathrooms
2
Parkings

Monthly Rates
R1,500
Total
R1,500
Renovator’s Dream Home in Peaceful Perlemoenbaai
28 Protea Street
Web Ref.
RLS979638
SOLE MANDATE
Unlock the Full Potential of this Prime Corner Property in Perlemoenbaai!
Looking for a smart and rewarding investment opportunity? This original wooden bungalow, nestled on a massive 1820m² corner stand, is your blank canvas—and possibly your next big return. Located in the increasingly sought-after Perlemoenbaai, this property is bursting with potential for transformation, development, or both.
Fixer-Upper with Unlimited Possibilities:
This character-filled 3-bedroom, 1-bathroom home offers a functional layout, ideal for a complete modern renovation. The open-plan lounge and dining area offer great flow and can be re-imagined into a warm and contemporary living space. With a creative vision and lots of TLC, you can restore its charm while adding significant value.
Opportunities for improvement include:
* Adding a second bathroom or en suite for the main bedroom
* Sanding and refinishing the wooden floors
* Installing a modern kitchen and updated bathroom
* Replacing windows and doors for better insulation and curb appeal
Landscaping the expansive grounds into a lush garden or outdoor entertainment space.
Whether you’re a seasoned renovator or a homeowner with vision, this project has all the right ingredients to become a showstopper.
Double the Potential with Development Opportunities:
What truly sets this property apart is its generous corner stand, offering ample space for expansion or subdivision (subject to municipal approval). With the main house tucked to one side, you have the freedom to:
* Build an additional dwelling for rental income
* Create a dual-living setup for extended family or guests
* Subdivide and sell off a portion of the land for profit
* Or develop a stylish new-build home while living in the existing structure
Prime Coastal Location in a Rapidly Growing Market:
Located in the peaceful and picturesque suburb of Perlemoenbaai, this property is within easy reach of the ocean, local shops, and schools. The area is seeing rapid appreciation in property values, especially for well-located properties under R2,000,000—making this one of the smartest buys on the market today.
Whether you're looking to flip, rent, renovate, or retire, this property offers unmatched potential in one of the Overberg’s fastest-growing coastal enclaves.
Your Vision. Your Project. Your Profit.
Contact us today to arrange your private viewing and explore the development possibilities of this one-of-a-kind coastal property. The potential is here—are you ready to unlock it?
Unlock the Full Potential of this Prime Corner Property in Perlemoenbaai!
Looking for a smart and rewarding investment opportunity? This original wooden bungalow, nestled on a massive 1820m² corner stand, is your blank canvas—and possibly your next big return. Located in the increasingly sought-after Perlemoenbaai, this property is bursting with potential for transformation, development, or both.
Fixer-Upper with Unlimited Possibilities:
This character-filled 3-bedroom, 1-bathroom home offers a functional layout, ideal for a complete modern renovation. The open-plan lounge and dining area offer great flow and can be re-imagined into a warm and contemporary living space. With a creative vision and lots of TLC, you can restore its charm while adding significant value.
Opportunities for improvement include:
* Adding a second bathroom or en suite for the main bedroom
* Sanding and refinishing the wooden floors
* Installing a modern kitchen and updated bathroom
* Replacing windows and doors for better insulation and curb appeal
Landscaping the expansive grounds into a lush garden or outdoor entertainment space.
Whether you’re a seasoned renovator or a homeowner with vision, this project has all the right ingredients to become a showstopper.
Double the Potential with Development Opportunities:
What truly sets this property apart is its generous corner stand, offering ample space for expansion or subdivision (subject to municipal approval). With the main house tucked to one side, you have the freedom to:
* Build an additional dwelling for rental income
* Create a dual-living setup for extended family or guests
* Subdivide and sell off a portion of the land for profit
* Or develop a stylish new-build home while living in the existing structure
Prime Coastal Location in a Rapidly Growing Market:
Located in the peaceful and picturesque suburb of Perlemoenbaai, this property is within easy reach of the ocean, local shops, and schools. The area is seeing rapid appreciation in property values, especially for well-located properties under R2,000,000—making this one of the smartest buys on the market today.
Whether you're looking to flip, rent, renovate, or retire, this property offers unmatched potential in one of the Overberg’s fastest-growing coastal enclaves.
Your Vision. Your Project. Your Profit.
Contact us today to arrange your private viewing and explore the development possibilities of this one-of-a-kind coastal property. The potential is here—are you ready to unlock it?
Features
Interior
Exterior
Sizes
Additional Amenities
Perlemoenbaai, Gansbaai
- Street map
- Street view
Monthly Repayment
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