R 1 995 000
calculate bond costs

4 Bed House in Vanes Estate

4 2 1 364 m²

Presenting an outstanding investment opportunity tailored for developers and savvy investors. This property boasts existing rental income alongside significant expansion potential.

Currently, the site includes two modern 2-bedroom units, both fully tenanted and generating a combined rental income of approximately R14,000 per month. Situated on a generous 1,364 square meters, these units have been designed with contemporary finishes that attract today''s discerning renters.

What sets this property apart is the approved rezoning plans for four additional units, offering the chance to greatly enhance rental income and optimize the site''s full potential.

Residents can enjoy a communal pool, a valuable amenity that adds to tenant satisfaction and enhances the property''s appeal.

If you''re seeking a solid investment with excellent growth prospects, this opportunity is not to be missed. Contact me today to schedule your private viewing.

Property details

  • Listing number T4869029
  • Property type House
  • Listing date 15 Nov 2024
  • Land size 1 364 m²
  • Rates and taxes R 610

Property features

  • Bedrooms 4
  • Bathrooms 2
  • Lounges 2
  • Dining areas 2
  • Storeys 1
  • Pet friendly
  • Access gate
  • Built in cupboards
  • Fenced
  • Patio
  • Pool
  • Kitchen
  • Garden
  • Family TV room
  • Paving
  • Built In braai

Photo gallery