R 1 575 000
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Commercial space in Magaliesmoot AH

6 1 2.2 ha

Exceptional Investment Opportunity in Kameeldrift West 22,000 sqm Plot with Multiple Dwellings and Endless Potential

Nestled in the serene and fast-growing area of Kameeldrift West, this remarkable 22,000 sqm plot presents an unparalleled opportunity for visionary investors or a large, extended family looking to create a unique living experience. The property boasts not only size but incredible versatility, offering multiple existing dwellings and vast open space ready for further development.

The plot currently features two spacious houses, a one-bedroom flat, a charming rondawel, and domestic quarters. While the houses do require some attention and refurbishment, they provide a solid foundation for a lucrative rental opportunity or a family compound. With the right upgrades, the potential to generate a significant rental return from the existing structures is immense.

Main Features:

Two large houses: Both houses, though in need of maintenance, are ripe for renovation. With some care, these homes can be transformed into attractive rental units or comfortable living spaces for multiple family members.

1-bedroom flat: Perfect for tenants or extended family members, the flat adds immediate rental income potential with minimal work needed.

Rondawel: This traditional-style dwelling offers a unique and versatile living space, ideal for additional rental income or as a charming guest house.

Domestic quarters: A convenient addition for staff accommodation, providing even more rental options or essential support for the property.

Tremendous Development Potential: The sheer size of the plot is a key feature, offering ample space to develop further. Whether you envision adding more rental units, creating a communal housing project, or utilizing the land for business purposes, the possibilities are endless. With its favorable location, this property is perfect for developing a rental portfolio or even setting up a small business or workshop.

Prime Location: Kameeldrift West is increasingly popular with investors due to its quiet, rural feel while being within close proximity to essential amenities and major transport routes. The area is seeing a steady rise in property values, making this plot a prime investment opportunity. The land itself is well-positioned for various uses, from residential to commercial, offering a flexible space that can evolve with your vision.

Investors Dream: For the astute investor, this property offers multiple income streams. Renovating the existing structures and renting them out, coupled with the opportunity to build additional housing or commercial units, makes this plot a valuable asset with high rental return potential. The demand for rental properties in the area is growing, and this plot provides the canvas to capitalize on that trend.

Alternatively, this is a perfect setup for a large family seeking to create a shared yet independent living arrangement. With separate homes and plenty of land, it offers the opportunity for privacy and togetherness in one place.

Dont Miss This Unique Opportunity! Whether youre looking to build your rental portfolio or create a dream family estate, this property offers the size, location, and flexibility to meet your needs. With some vision and effort, this plot can be transformed into a thriving rental community or business hub. Seize the chance to invest in the future with this extraordinary offering in Kameeldrift West.

Property details

  • Listing number T4806122
  • Property type Commercial
  • Listing date 30 Sep 2024
  • Land size 2.2 ha

Property features

  • Bathrooms 6
  • Open parking 1

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