R 3 295 000

5 Bedroom House in Gatesville

5 3 6 596 m²

Versatile Multi-Unit Investment property with Proven Rental Yield in Gatesville

Positioned on a generous 596sm stand in the heart of Gatesville, Athlone, this versatile multi-residential property offers

an incredible opportunity for discerning investors, extended families or hospitality operators. Currently operating a successful bed and breakfast, the property offers immediate income potential or seamless conversion into high-yielding

long term rental portfolio.

The property features three self-contained residences designed for comfort and privacy.

Two Substantial Units : Each unit offers 2 well-proportioned bedrooms, a fully fitted kitchen, a full bathroom and a spacious open- plan living and dining space.

Third Independent Unit : Features 1 bedroom, 1 bathroom, and a fully equipped kitchen, perfect for a couple, solo tenant, or live-in manager.

Outdoors, the expansive paved grounds accommodate hassle-free parking for up to 6 vehicles, framed by low-maintenance garden and a dedicated communal break area --- ideal for guest entertainment or tenant leisure. Frame-worthy scenic views add a serene back-drop to this urban retreat.

Security is paramount, ensuring complete peace of mind with a comprehensive protection network including CCTV surveillance, motorized access gates, perimeter fencing, and full burglar bars throughout.

Located within walking distance of Gatesville''s vibrant commercial hub, major transport routes, medical facilities, and places of worship, this property combines prime location with exceptional flexibility. Whether you wish to continue the established lodging business or maximize multi-let rental returns, this turn-key premises is a rare find.

Pets are welcome.

Key Features

3 Self-contained Units

Dual living

Six parking spaces available

Communal braai area

Comprehensive 24-hour security

VICTORY TICKET 72 CC trading as REMAX Impact Athlone operates in terms of a franchise agreement with REMAX of Southern Africa.