9 Bedroom House in New Park

A rare opportunity to acquire a versatile income-generating property situated on a spacious corner erf, conveniently located just moments from the university.

The main residence offers 3 bedrooms and 2 bathrooms, providing comfortable living accommodation. A second building currently operates as a crche and includes 2 bathrooms, a kitchen, and spacious open areas, offering the potential to be converted into additional accommodation or living space.

The property further boasts 3 existing flats, providing immediate rental opportunities, while 2 additional buildings present excellent potential for further development.

With generous open space remaining on the erf, there is significant scope to expand and maximise the property''s earning potential.

Whether you''re looking to establish student accommodation, expand your rental portfolio, or develop a multi-unit residential property, this property offers the ideal foundation.

With existing infrastructure, ample development potential, and a prime location close to the university, opportunities of this nature are rarely available.

Contact me today to arrange a private viewing.