| Corner Property with strong Rental Income and development potential |
Set on a generous 1,049 sqm corner stand, this versatile property offers outstanding visibility, easy access, and exciting future development opportunities. Whether you’re looking for a high-performing investment or a spacious home for an extended family, this property delivers remarkable flexibility and value.
Currently operating as a fully tenanted, income-generating investment, the property provides an immediate return, while its adaptable layout makes it easy to convert into a comfortable family residence with ample living space.
Property Features:
9 generously sized bedrooms
Spacious dining area, ideal for family gatherings
Well-appointed kitchen
3 bathrooms
Multiple versatile rooms that can be transformed into a home office, study, gym, TV lounge, entertainment area, prayer room, or hobby space to suit your lifestyle.
Additional Improvements:
Two outside rooms with a shared bathroom (toilet and bath),
Two garages, currently converted into:
A salon
A tuck shop
Investment Potential:
Estimated rental income of approximately R32,000 per month
Fully occupied with consistent demand for rental accommodation
Multiple income streams providing reliable and stable cash flow
Additional Features:
Prime corner stand offering excellent exposure and future expansion opportunities
Spacious garden with ample room for further development or outdoor living
Ideal for investors, extended families, student accommodation, or business conversion (subject to the necessary approvals)
This is a rare opportunity to secure a property that combines immediate rental income, long-term investment growth, and exceptional versatility. Whether you’re expanding your property portfolio or searching for a spacious home with income-generating potential, this property offers endless possibilities.
ERF Size 1,091 m²
Rates R823 per month
|
|
Ntsoaki Tsotetsi
c. 071 372 0038
ntsoaki.tsotetsi@rawson.co.za
|
