Investment Opportunity on 2277 Square Meter Stand
Set on a large, established garden, the property currently comprises a substantial thatched main residence together with two separate flats, already generating a steady rental income of R10,000 per month. With the opening of the new Prince Buthelezi Mall in April, demand for accommodation is expected to increase significantly, making this an ideal time to secure a high-potential investment in a strategic location close to schools and town amenities.
The property offers an impressive seven bedrooms in total, including two en-suite bathrooms and three additional bathrooms, allowing for flexible living arrangements or further rental configuration.
The main home features:
Three well-sized bedrooms
A study
One en-suite bathroom and a family bathroom
A loft bedroom
A spacious kitchen with ample cupboard space
Lounge, dining area, and bar – ideal for entertaining
In addition, there are two self-contained flats:
Flat One: One bedroom, bathroom, lounge, and kitchen
Flat Two: Two bedrooms, bathroom, and kitchenette
Three storerooms provide valuable additional space for storage or potential conversion.
Whether you choose to enhance the existing structures, convert the thatched residence to accommodate additional tenants, or further develop the generous stand with more rental units, the possibilities here are extensive. The size of the property, its corner position, and dual entrances make subdivision or expansion a viable and attractive option.
This is more than just a home — it is a strategic investment with income already in place and undeniable future potential. A property of this scale and versatility must be viewed to truly appreciate the scope of opportunity it offers.
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Disclaimer
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