R 1 890 000
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4 Bed House in Mosel

4 3 7 1 747 m² 363 m²

Enormous Property with Endless Potential

This 1747m2 gem combines space, versatility, and income! Offering a spacious floor size of 363m2, a vibrant garden, and a proven track record as student accommodation, this property is a fantastic opportunity for investors or visionaries.

Why This Property Stands Out:

- Prime Location: Situated near Brandwag School, Caledon Preparatory School, and Eastcape Midlands College, perfect for student housing or other uses.

- Zoned for Business & Commercial Use: Endless possibilities for re-purposing or expansion.

- Proven Income Generator: Successfully operated as student accommodation for 11 years, registered with local colleges.

Property Features:

- Main House:

- 4 over-sized shared bedrooms for group living.

- 3 bathrooms for shared convenience.

- Spacious shared kitchen and a laundry room.

- Additional Accommodation:

- Outside buildings and double garage converted into living spaces.

- 3 flatlets, generating consistent rental income.

- Outdoor Features:

- Vibrant garden, perfect for relaxation or added value.

- Expansive 1747m2 plot, ideal for development or expansion.

- Extra-large deck doubles as undercover parking, accommodating multiple vehicles.

- Extras:

- Currently accommodates up to 22 students.

- Rates: R2,615 per month.

The property requires some TLC, but with the right touch, it could be restored to its former glory or re-imagined as a high-yield investment.

Dont miss this opportunity to invest in Mosel''s potential! Contact us today for a viewing!

Property details

  • Listing number T4889283
  • Property type House
  • Listing date 3 Dec 2024
  • Land size 1 747 m²
  • Floor size 363 m²
  • Rates and taxes R 2 615

Property features

  • Bedrooms 4
  • Bathrooms 3
  • Lounges 1
  • Dining areas 1
  • Covered parking 7
  • Flatlets
  • Pet friendly
  • Laundry

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