Pam Golding Properties

House sold in Queenstown

House sold in Queenstown - 1MH1690071
  • Sold
  • For Sale
  • /
  • South Africa
  • /
  • Eastern Cape
  • /
  • Chris Hani
  • /
  • Queenstown
  • /
  • 1MH1690071

R1,975,000

3 bedrooms1 bathroomErf 1287 m²Energy supplies: Eskom and Solar Power
  • Alternate Power
Listing #: 1MH1690071

Spacious 3 Bedroom House with 5 Rear Apartments & Expansive Development Potential

UNIQUE INVESTMENT OPPORTUNITY AWAITS

Nestled in a prime location, this exceptional property offers a rare blend of luxury living and lucrative investment potential. The main house boasts:

Main house

- 3 Spacious bedrooms, each with its own elegant ensuite bathroom and the other 2 rooms

- Additional bathroom for guests

- Kitchen with BIC and expansive lounge area

- Gas-powered appliances for efficient energy use

- The main house area comes with a parking space that can fit 6 cars

- Entertaining and Brai area

Lucrative Investment Potential

The property also features 5 apartments, each with its own:

-Electric boards for prepaid electricity and geyser connections

- Solar panels provide backup power during outages

The apartments comprise:

- 2 X 3-bedroom units

- 2 X 2-bedroom units

- 2 X 1-bedroom units

With current rental income of R18 000 per month, this property offers a significant potential for long-term returns.

Endless Possibilities

The property's expansive land at the back presents an exciting opportunity for further development. Build additional apartments, create a lush garden oasis, or explore other creative possibilities - the choice is yours.

The apartments require some TLC.

Don't miss this rare opportunity to secure a unique investment property with immense potential. Contact me today to schedule a viewing!

I'm your local property expert in Queenstown, South Africa

Yolanda Solani

Yolanda Solani, your local property expert in Queenstown, South Africa
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Yolanda Solani

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Queenstown Office

20A Prince Alfred Street, Queenstown, 5319, Eastern Cape
Registered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.OJK Properties (Pty) Ltd t/a Pam Golding Properties Mthatha
Queenstown Office details

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