3 Bedroom House in Lambton

Versatile Lambton Property: Family Home, Income Generator and Development Opportunity

Versatile Lambton Property: Family Home, Income Generator and Development Opportunity

Presenting a unique opportunity in the heart of Lambton, this expansive property offers a rare blend of comfortable family living, significant rental income potential, and future development prospects. Situated on a prominent business street, it benefits from excellent exposure and convenient access to local amenities, making it an ideal investment for discerning buyers.

The main residence features three well-proportioned bedrooms and two bathrooms, including an en-suite. The living spaces are thoughtfully designed with two open-plan lounges, complete with a cosy fireplace, and a dedicated dining room offering ample cupboard space. A functional kitchen and separate scullery cater to all culinary needs, ensuring a practical and inviting home environment.

Adding to its appeal, the property includes two independent cottages, each comprising a bedroom, lounge, kitchen, and bathroom perfect for generating consistent rental income. An additional outside office building is currently leased to legal professionals, further enhancing the property''s income stream. Ample parking is available with a double garage, a carport for two vehicles, and extensive additional parking space.

Set on a substantial 3900 sqm erf, this property is zoned for a residential complex, offering the potential to develop up to ten units. Security is well-addressed with CCTV cameras, electric fencing, burglar bars, and an access gate. While the swimming pool requires some attention, it represents a valuable asset for future enjoyment. Its prime location ensures proximity to schools, public transport, Lambton Gardens Mall, and major highways.

This property truly offers endless potential whether you seek a family home, a robust income-generating asset, or a strategic development site. Contact us today to arrange a viewing and explore the myriad possibilities this exceptional Lambton property has to offer.

Key Features

3 Bedrooms, 2 Bathrooms Main House

Two Income-Generating Cottages

Rented Outside Office Building

3900 sqm Erf with Development Potential Zoned for 10 Units

Double Garage and Carport for 2 Vehicles

CCTV Cameras and Electric Fencing

Swimming Pool requires TLC

Prime Location on Busy Business Street

REAPING HARVEST INVESTMENTS 73 PTY LTD trading as REMAX All Stars Germiston operates in terms of a franchise agreement with REMAX of Southern Africa.