5 Bedroom House in Wetton

An excellent opportunity awaits in the sought-after area of Wetton, on main road! This versatile property offers a range of possibilities for homeowners, extended families, investors or buyers looking for additional space and potential rental income.

FOUR EXISTING UNITS WITH POTENTIAL FOR A FIFTH!

Archstone Property & Projects proudly presents this exciting multi-unit investment property in Wetton, offering four existing units, a double garage with potential for conversion into a fifth unit, and multiple rental income opportunities.

Situated on a 496 m² erf, this property is ideally suited to investors seeking to establish or expand an income-generating property portfolio.

PROPERTY ACCOMMODATION

UNIT 1 Bachelor Storage Unit

- Compact bachelor-style or storage space

- Separate toilet no shower

UNIT 2 Two-Bedroom Unit

- Two bedrooms

- Fitted kitchen

- Family bathroom

UNIT 3 One-Bedroom Unit

- One bedroom

- Open-plan lounge and fitted kitchen

- Bathroom

UNIT 4 One-Bedroom Unit

- One bedroom with built-in cupboards

- En-suite bathroom

- Open-plan lounge and kitchen

BONUS POTENTIAL FIFTH UNIT!

The property includes a double garage already equipped with a toilet and kitchen unit, offering exciting potential for conversion into an additional self-contained rental unit.

Subject to the necessary municipal approvals and building requirements, this space could potentially become a fifth income-generating unit, further enhancing the property''s rental capacity and investment appeal.

ADDITIONAL FEATURES

- Four existing units

- Double garage with conversion potential

- Separate water meters for all four units

- Separate electricity meters for all four units

- Generous 496 m² erf

- Multiple potential rental income streams

- Existing tenants with rental agreements

FLEXIBLE INVESTMENT OPPORTUNITY

The property is currently tenanted, and prospective purchasers have the option to take over the existing lease agreements or negotiate vacant occupation, subject to applicable tenancy laws and agreed sale conditions.

Whether you''re seeking immediate rental income or exploring opportunities to maximise the property''s future earning potential, this investment is well worth considering.

ASKING PRICE: R2 700 000

Contact: Fazloodien Abrahams

Arrange your exclusive viewing today!

All information is subject to verification. Garage conversion, accommodation use and any proposed alterations are subject to zoning, approved building plans and relevant municipal consent.