R 2 149 000
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5 Bedroom House in Meredale

111 lark street
5 4 1 1 467 m² 276 m²

Corner Property with 3 Income-Generating Homes [removed] Ideal Investment Opportunity

This perfectly positioned corner property , presents an exceptional investment opportunity with three separate houses, each occupied by reliable tenants. Situated in a sought-after area, the property provides immediate rental income and long-term capital growth potential.

Perfect for investors seeking immediate rental returns this property is strategically positioned for maximum visibility and offers both residential and commercial prospects.

Key Features:

Prominent corner stand offering dual street frontage

Three separate dwellings each with private entrances and secure parking

Spacious layout ideal for redevelopment or multi-tenant use

Secure boundary walls and gated access

Ample Parking space or room for expansion

Investment Highlights:

Strong rental income with established tenants

Ideal for multi-family living or continued rental investment

Potential for future development or sectional title conversion

Suitable for offices, retail conversion as B&B or residential units

Low maintenance and high tenant demand

House 1:

A neat and compact bedroom and bathroom cottage ideal for a young couple or a single tenant.

A separate lounge area

Open plan neat kitchen and dining area

House 2:

Comprises of two bedrooms and two bathrooms, perfect for a small family

Open plan kitchen and living area

House 3:

A comfortable 2 bedroom, 1 bathroom unit

Open plan kitchen, diming and living area

All three houses are conveniently separated from each other to allow for privacy and have immediate access to the extremely generous garden area.

Dont miss this immediate income and long-term value growth opportunity.

Property details

  • Listing number T5297883
  • Property type House
  • Listing date 10 Nov 2025
  • Land size 1 467 m²
  • Floor size 276 m²
  • Rates and taxes R 2 200

Property features

  • Bedrooms 5
  • Bathrooms 4
  • Lounges 1
  • Dining areas 3
  • Open parking 1

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