R 1 900 000
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2 Bedroom House in Mount Vernon

2 1 2 142 m²

Prime Corner Property with Development Potential - 2900sqm

This massive 2900sqm property offers exceptional investment potential with access from three different roads, making it ideal for future development. Situated on a prime corner plot, this property already generates rental income with two existing flat-lets and has space to develop up to four additional units. Current rental income units: flat-let 1: two spacious bedrooms (one with built-in cupboards) family bathroom conveniently located between the bedrooms. Open plan lounge and dining area. Kitchen with built -in cupboards. Prepaid water and electricity. Alarm system for added security. Flat-let 2: one-bedroom open plan lounge dining area and kitchen. Bathroom with toilet shower and basin. Prepaid water and electricity. Alarm system. Additional features: road level drive in access. Ample space for further development (potential for four additional rental units) excellent location with easy access from multiple roads. This property is a fantastic opportunity for investors looking to expand their rental portfolio or developers seeking a prime location for new units. Don''t miss out on this rare find!!!

Built In Cupboards

Lounge

Dining Room

Kitchen

Balcony

Open Bay Parking

Burglar Guards

Security Gate

Burglar Alarm

Fence

Garden

Braai

Property details

  • Listing number T5024731
  • Property type House
  • Listing date 31 Mar 2025
  • Land size 2 142 m²
  • Rates and taxes R 1 200

Property features

  • Bedrooms 2
  • Bathrooms 1

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