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R 2 450 000

9 Bedroom House for Sale in Maitland

10 Highgate Street, Maitland, Cape Town

9
9
5
486 m²
- m²: 486 m²
- Hectares: 0.049 ha
- Acres: 0.12 acres

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Quay 1 Property Specialist 5

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Quay 1 Property Specialist 46

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A Great Investment Opportunity that can't be Missed!

Exclusive Mandate | Welcoming Offers from R 2 450 000

Introducing a unique investment opportunity in the heart of Maitland's coveted Highgate Street, perfect for both young professionals and students! Further adding to the investment appeal is the fact that this property is GR4 Zoned, allowing for development, and is only seconds away from the planned bridge between Black River Parkway and the "Amazon Development".

This property, comprising two semi-detached houses meticulously converted into modern student or young professional accommodations, offers the best of communal living and personal space. One of the semis boasts five spacious bedrooms, each featuring its en-suite, fostering a sense of privacy, and these bedrooms share a vibrant communal kitchen.

The other semi offers four well-appointed bedrooms, each with its en-suite and a convenient...

Exclusive Mandate | Welcoming Offers from R 2 450 000

The other semi offers four well-appointed bedrooms, each with its en-suite and a convenient kitchenette, ideal for those desiring independent living.

In addition to its strategic location near major transport routes, this property is conveniently nestled on a quiet road, ensuring a peaceful living environment. Enjoy easy access to an array of amenities, including shops, businesses, educational institutions, hospitals, and gyms.

Each semi-detached property is available for individual purchase at R1,495,000, subject to a subdivision, providing a flexible investment opportunity for discerning buyers *

Moreover, this property stands out as an excellent income generator, with each bedroom fetching an average of R3,500-R4,000 in rental value. Tenants enjoy the convenience of their own kitchenette and bathroom, enhancing their living experience. The property features ample off-street parking, ensuring the comfort and security of its residents. The management of this co-living property is expertly handled by Evolution Property, offering detailed tenant histories and monthly cost breakdowns. With its prime location, flexible purchasing options, and robust income potential, this property represents a rare opportunity for investors seeking a prosperous venture in the thriving Maitland community.

Rental Income | R3,500 - R4,000 per room

Zoning: GR4

Parking: 4/5 cars off-street

Rates & Taxes | +/- R1,500

Welcoming Offers from R 2 450 000

Do not miss out on this Great Investment Opportunity!

To arrange for a viewing please contact the agent

Bedrooms: 9

Bathrooms: 9

Parking: 5

Study

Pet Friendly

Garden

Fibre Internet

Listing number: P24-113440798, Image number: 1

Listing number: P24-113440798, Image number: 2

Listing number: P24-113440798, Image number: 3

Listing number: P24-113440798, Image number: 4

Listing number: P24-113440798, Image number: 5

Listing number: P24-113440798, Image number: 6

Listing number: P24-113440798, Image number: 7

Listing number: P24-113440798, Image number: 8

Listing number: P24-113440798, Image number: 9

Property Overview

Listing Number

113440798

Type of Property

House

Street Address

10 Highgate Street, Maitland

Listing Date

11 October 2023

Erf Size

486 m²

Rates and Taxes

R 1 500

Pets Allowed

Yes

Rooms

Bedrooms

Bedroom 1

Parquet Floors

Bedroom 2

Parquet Floors

Bedroom 3

Parquet Floors

Bedroom 4

Parquet Floors

Bedroom 5

Parquet Floors

Bathrooms

Bathroom 1

Tiled Floors

Bathroom 2

Tiled Floors

Bathroom 3

Tiled Floors

Bathroom 4

Tiled Floors

Bathroom 5

Tiled Floors

Kitchens

Office/studies

Lounges

Dining Rooms

External Features

Parking

Gardens

Building

Standalone Building

Yes

Other Features

Nearby Public Transport

Bus, Minibus Taxi

Internet Access

Fibre, Satellite

Backup Water

Yes

Points of Interest

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