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R 4 950 000
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8 Bedroom Apartment in Bethlehem Central

8 6 8 1 924 m²

Sole mandate!!! Prime Investment & Development Opportunity in Bethlehem

Unlock the full potential of this exceptional investment property, perfectly positioned directly next to Truida Kestell Primary School.

This unique property offers far more than a comfortable family homeit presents an outstanding opportunity for investors and developers looking to secure an income-producing asset with significant future growth potential.

The existing residence comprises a spacious 4-bedroom home with 2 bathrooms, generous living areas and a well-appointed kitchen fitted with neat built-in cupboards. A sparkling swimming pool further enhances the property''s appeal and could easily serve as a shared amenity for future residents.

The real value, however, lies in the property''s approved development potential. The property already includes four separate 1-bedroom duplex units, each generating a steady monthly rental income, providing an immediate return on investment from day one.

In addition, all the necessary zoning and development approvals have already been obtained for the construction of a further 8 residential units, allowing a purchaser to expand the development without the uncertainty and delays of the rezoning process.

Whether your vision is to grow your rental portfolio, develop modern sectional title units, or create a larger residential complex, this property offers exceptional flexibility and outstanding long-term investment value.

The main residence and 3 garages can also be converted into more rental units.

Properties with an established rental income, approved development rights and such a prime location seldom become available.

Don''t miss this rare opportunity to secure a high-yield investment with enormous future potential.

Contact us today for more information or to arrange a viewing.

Property details

  • Listing number T5557464
  • Property type Apartment
  • Listing date 18 Jul 2026
  • Floor size 1 924 m²

Property features

  • Bedrooms 8
  • Bathrooms 6
  • Garage parking 3
  • Open parking 5
  • Pet friendly
  • Pool
  • Kitchen

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