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R 3 850 000

14 Bedroom House for Sale in Capricorn

Capricorn, Polokwane

Contact agent for street address

14
7
7
1 573 m²
- m²: 1 573 m²
- Hectares: 0.157 ha
- Acres: 0.389 acres

Contact Agent

Frederick Oosthuizen

Show Contact Number

Investment Opportunity: Residential Property with Multiple Units – Ideal for Expansion in time.

This well-located residential property presents a fantastic investment opportunity, featuring multiple income-generating units with room for further development.

With the academic hospital in mind you'll absolutely love the seller for zoning this property already.

Situated within walking distance of shops and local amenities, this property is zoned Residential 2, allowing for the construction of double-story accommodation, making it perfect for investors or families seeking additional rental income.

- The property includes three two-bedroom flatlets, each featuring an open-plan layout that maximizes space and functionality. These units are ideal for renting out, offering

comfortable living spaces for tenants.

- In addition to the flatlets, the property also offers a spacious three-bedroom unit with two bathrooms and an open-plan design. This unit is...

This well-located residential property presents a fantastic investment opportunity, featuring multiple income-generating units with room for further development.

With the academic hospital in mind you'll absolutely love the seller for zoning this property already.

- The property includes three two-bedroom flatlets, each featuring an open-plan layout that maximizes space and functionality. These units are ideal for renting out, offering

comfortable living spaces for tenants.

- In addition to the flatlets, the property also offers a spacious three-bedroom unit with two bathrooms and an open-plan design. This unit is perfect for a larger family or can

also be rented out for additional income.

- The property includes a well-sized home, offering significant potential for conversion into additional flatlets. With minor renovations, this main house could easily be

transformed into several self-contained units, further increasing the rental income potential of the property.

- The property's zoning allows for the development of double-story accommodation, providing excellent scope for future expansion. Whether you wish to build additional units

or extend the current buildings vertically, this zoning gives you the flexibility to grow your investment.

- Ideally located within walking distance to shops and local amenities, the property's convenient location makes it highly desirable for tenants looking for easy access to

services and public transport.

- With existing rental units and the potential for additional development, this property offers a strong return on investment, making it an excellent choice for property investors

looking to grow their portfolio.

Rental income of approximately R40 000,00 per month

This versatile property is perfect for investors, developers, or families seeking additional income streams. Its prime location and zoning classification make it a rare find with exceptional growth potential.

Bedrooms: 14

Bathrooms: 7

Garages: 2

Parking: 5

Pet Friendly

Garden

Borehole, Water Tank

Listing number: P24-115095712, Image number: 1

Listing number: P24-115095712, Image number: 2

Listing number: P24-115095712, Image number: 3

Listing number: P24-115095712, Image number: 4

Listing number: P24-115095712, Image number: 5

Listing number: P24-115095712, Image number: 6

Listing number: P24-115095712, Image number: 7

Listing number: P24-115095712, Image number: 8

Listing number: P24-115095712, Image number: 9

Property Overview

Listing Number

115095712

Type of Property

House

Description

Freestanding, Single Storey

Lifestyle

Shared Living, Student Accommodation, Suburban

Listing Date

18 October 2024

Erf Size

1 573 m²

Floor Size

600 m²

Rates and Taxes

R 1 800

Pets Allowed

Yes

Coverage

38 %

Rooms

Bedrooms

Bathrooms

Kitchens

External Features

Garage

Parking

Gardens

Building

Style

Traditional

Roof

Zinc

Wall

Face-brick

Window

Steel

Standalone Building

Backup Water

Borehole

Water Tank

Other Features

Security

Perimeter Wall

Generator

Backup Water

Yes

Points of Interest

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