R 4 850 000
calculate bond costs

8 Bedroom House in Athlone

8 4 1 026 m²

Prime Multi-Unit Investment with Approved Expansion Potential

Prime Multi-Unit Investment with Expansion Potential

This well-positioned property presents a fantastic opportunity for investors looking to secure consistent income with room to grow. Set on level land in a busy mixed-use area, it already generates reliable rental returns and comes with approved plans to add six more unitsideal for future development.

The property consists of two well-kept buildings along with two separate flatlets, all fitted with prepaid meters for convenience. With tenants already in place, it offers immediate income. A large courtyard ensures plenty of parking for residents.

Main House

The main house is split into two fully independent sections, each with its own entrance:

Unit 1: Offers 3 bedrooms, 1 bathroom, an open-plan lounge and dining space, plus a generously sized fitted kitchen.

Unit 2: Includes 2 bedrooms, a lounge, dining area, and a fitted kitchen.

Unit 3: Modern 1-bedroom studio featuring a fitted kitchen and secure parking.

Unit 4: Comprises 2 bedrooms, 1 bathroom, a lounge, fitted kitchen, and its own parking bay.

Perfectly located with strong rental income and approved plans for further development, this property is a smart choice for investors seeking long-term growth.

An opportunity worth serious consideration.

Walking distance to Riverside Mosque and Riverside Hotel

Contact me for details and an exclusive viewing

Property details

  • Listing number T5441295
  • Property type House
  • Listing date 30 Mar 2026
  • Land size 1 026 m²
  • Rates and taxes R 3 950

Property features

  • Bedrooms 8
  • Bathrooms 4
  • Lounges 4
  • Dining areas 4
  • Flatlets
  • Pet friendly

Photo gallery