3 Bed House in Brits Central

R 1 890 000

Gerrie Reyneke

Keller Williams Select

3 Bed House in Brits Central

R 1 890 000

3 Beds
3 Baths
1 Garages
Floor Area 220 m² Land Area 1115 m²

Investment Property!

The value of this property lies in the location and the zoning! Situated about halfway between a primary school and the Brits CBD, this property is zoned special residential. This zoning, together with approved building plans, paves your way for building 12 apartments (4x 3-bedroom 8x 2-bedroom). In this very lively rental market, there is good money to be made! The stand behind this one already has an apartment complex on it. Of course, with all the businesses around this property, one can always decide to modify and extend the current buildings and establish your own business there you will have more than enough office and/or shop space!

The current buildings (need TLC), on an 1115 square metres stand, consist of:

House (220 sq m): 3 bedrooms, 3 bathrooms, Kitchen, dining room and lounge.

2x apartments: 2 bedrooms, one bathroom, kitchen, lounge.

Single garage

This property has lots of potential! Call me soon for a viewing!

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Key Property Features

3
Bedrooms
3
Bathrooms
1
Garages

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Gerrie Reyneke

Gerrie

Reyneke

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3 Bed House in Brits Central

R 1 890 000

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