Under Offer
R 14 000 000
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20 Bedroom Apartment in Queenstown Central

20 20 1 784 m²

Prime Investment Opportunity Mixed-Use Property with Income Potential!

This versatile and income-generating property is perfectly positioned in the heart of Queenstown and offers a rare chance to secure a high-potential investment with multiple revenue streams and future development possibilities.

The property features a well-positioned retail shop at the front, currently tenanted and generating reliable monthly income, making it ideal for investors seeking immediate returns. Attached to the shop is a spacious three bedroomed house, also leased, adding to the already solid rental yield.

Beyond the shop and house, the property boasts 36 spacious rooms with ample layout flexibility. These rooms are ideal for long-term tenants, student accommodation, or could easily be converted into bachelor flats, depending on your vision. Given Queenstowns growing demand for rental housing, particularly in the student and young professional sectors, this property offers excellent potential for high occupancy rates and long-term growth.

The large yard and extensive parking space further enhance the value of this property, making it suitable for both tenants and future redevelopment plans. Whether youre looking to operate as-is or reimagine the space into a dedicated student housing complex, boarding house, or a multi-unit rental block, the infrastructure is already in place for you to make it happen.

Key Features:

Retail shop with existing rental income

Attached residential house, with three bedrooms lounge kitchen and bathroom also tenanted

Over 20 spacious rooms with income potential

Large plot with abundant parking

Ideal for conversion into student accommodation

Situated in a central, high-demand area

This is an opportunity not to be missed for serious investors or developers looking to make a smart move in Queenstowns growing property market. Contact us today to book your private viewing or request more information.

DENMOL ESTATES AGENTS CC trading as REMAX Property Professionals Queenstown operates in terms of a franchise agreement with REMAX of Southern Africa.

Property details

  • Listing number T5114676
  • Property type Apartment
  • Listing date 12 Jun 2025
  • Land size 1 784 m²
  • Rates and taxes R 6 775

Property features

  • Bedrooms 20
  • Bathrooms 20
  • Access gate

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