R 1 175 000
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Commercial space in Somerset East

5 4 1 811 m²

Location: At the foot of Bosberg

Overview: This versatile property offers an excellent investment opportunity with its current setup of three flats and a standalone two-bedroom cottage. Each flat and the cottage have their own private entrance, ensuring tenant privacy and convenience. There is also potential to add a fourth flat, further increasing the propertys value and income potential.

Key Features: Current layout: 3 flats and 1 standalone two-bedroom cottage with built-in cupboards and an open-plan kitchen

Expansion potential: Opportunity to add a fourth flat, with the potential for further expansion

Parking: Ample parking space available behind a secure, closed gate

Outdoor space: Large rear garden

Location benefits: At the foot of Bosberg, with easy access to local amenities.

Investment Highlights: Stable rental income: The existing rental units, including the cottage, provide a steady income stream with room for increased revenue through expansion.

Growth potential.

This property is perfect for investors looking for a reliable income source with substantial growth and expansion potential.

Property details

  • Listing number T4765302
  • Property type Commercial
  • Listing date 27 Aug 2024
  • Land size 1 811 m²

Property features

  • Bedrooms 5
  • Bathrooms 4

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