House sold in Queenstown

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!
