Fantastic Investment Opportunity waiting for you
Unbelievable Potential spread over 3000 square meters!!
This incredible Heritage site situated on a spacious 3000 sqm erf, offering a plethora of possibilities and a fantastic investment opportunity. This site boasts three unique buildings consisting of a total of 16 units . These units range from cozy bachelor apartments to spacious one-bedroom apartments, with rental income ranging from R6000 to R7500 per month per unit.
In addition to the Heritage buildings, the surrounding area has been cleared and approved for development. With proposed plans in place, this GR2 zoned site is ready for a potential two-three story building. Located across from a school and nearby all necessary amenities, this site is perfectly situated for a variety of uses. As it’s close to the railway station, parking spaces per unit are forfeited, a huge advantage for a developer.
Don't miss out on this incredible opportunity! Contact us today for further information and to arrange a viewing. We can't wait to show you all the potential this unique property has to offer!
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