8 Bedroom House in George Central
Rare Investment Opportunity Two Adjacent Homes Generating R75k pm
High-Yield Investment Opportunity George South
Exceptional investment opportunity in the sought-after George South, ideally located close to York Street and York High School. This rare offering includes two adjacent freestanding homes on separate title deeds, sold together as one investment.
Key Features:
Combined land size: 2,842 m²
8 Bedrooms | 4 Bathrooms across both homes
Currently used as student accommodation
Generates R75,000 rental income per month
Lease in place with Nelson Mandela University George Campus from Feb 2026 Nov 2026
Zoned Single Residential 1 with excellent future development potential subject to approval
Property Breakdown
Meade Street House
4 Bedrooms
2 Bathrooms
2 Separate toilets
Potential to expand and increase yield
Palgrave Street House
4 Bedrooms
2 Bathrooms
Large shed
The property is fully fenced and offers strong immediate income with long-term growth potential in a high-demand rental area.
All offers welcome.
Vault Properties operates from the beautiful town of George on the Garden Route.
We specialise in property sales and rentals.
Property details
- Listing number T5413752
- Property type House
- Listing date 5 Mar 2026
- Land size 2 842 m²
- Rates and taxes R 3 374
Property features
- Bedrooms 8
- Bathrooms 4
- Garage parking 10