4 Bed House in Mosel
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