Once In A Blue Moon Investment Opportunity In Bellair, Queensburgh.
Unlock the potential of this investment property opportunity nestled in the heart of Bellair, Queensburgh.
Sprawling across 2100 square meters of land, this expansive property offers a lucrative prospect for savvy investors.
The property used to generate high return on investment is capable of turning over even more hundreds of thousand rands after completing the remaining and current renovation.
At the core of this investment lies a freestanding 3-bedroom house currently undergoing renovation. Complementing the main house are six one-bedroom flatlets, each boasting its own open-plan lounge, kitchenette, bathroom, and bedroom.
In total, the property features nine bedrooms, providing ample accommodation
options for tenants.
Perfectly suited for individual rentals or student accommodation, this property offers versatility and potential for substantial returns.
With the buildings occupying only 100 square meters of the land, there is ample space for further development or expansion, allowing for additional income streams in the future.
Nestled on a quiet cul-de-sac, the property boasts a long driveway exclusively for the use of occupants, ensuring privacy and convenience. Its strategic location provides easy access to major transportation routes including the N2 freeway, Sarnia Road, Edwin Swales, and the M4 Southern Freeway.
Convenience is at your doorstep, with shopping centers, convenience stores, and service businesses just a stone's throw away. Public transport, schools, and places of worship are also within close proximity, enhancing the property's appeal and accessibility.
Priced at R3,200,000, this unique investment opportunity promises exceptional value and potential for lucrative returns.
Don't miss out – contact Arthur at Caritas Properties today to secure a viewing and seize this prime investment opportunity.
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