House sold in Berea West

Presenting a remarkable investment opportunity in a prime location, this expansive property offers a wealth of potential for savvy investors or homeowners seeking both residential comfort and income-generating possibilities.

Main House:

The semi-renovated main house is a blend of space and potential, featuring 3 well-proportioned bedrooms and 1.5 bathrooms. The spacious living areas are designed for seamless flow, offering an inviting atmosphere for family gatherings or entertaining. An enclosed patio extends the living space, whilst the undercover braai area proves perfect for year-round enjoyment. Additional conveniences include a dedicated laundry area, a two-car garage attached to the main house and 3 phase electricity on the property.

Separate Flatlet:

A detached flatlet presents an exciting opportunity for customization. With the potential to convert into a 2-bedroom unit complete with a bathroom and kitchenette, this space is ideal for generating rental income or accommodating extended family.

Garage and Development Potential:

At the heart of this property's investment appeal is the impressive double-story garage and workshop, capable of housing 8-10 vehicles. With existing plumbing and electrical connections, this structure is primed for conversion into two duplex townhouse cottages—offering substantial rental income potential. An additional undercover parking area provides space for 5 cars, ensuring ample parking for residents and guests alike.

Outdoor Amenities:

The property's outdoor features include a swimming pool, a flat garden area perfect for children to play and a borehole providing a reliable water supply for garden use (not suitable for drinking).

Investment Highlights:

• Semi-renovated main house with spacious living

• Income-generating flatlet potential

• Double-story garage/workshop with duplex conversion prospects

• Extensive parking solutions

• Borehole water supply

• Swimming pool and child-friendly garden

• 3 phase electricity

This property represents an exceptional opportunity for investors seeking a versatile asset with multiple income streams. Don't miss your chance to capitalize on this unique offering—contact us today to arrange a private viewing.