7 Bedroom House in George Central
MULTI-INCOME PROPERTY GEM ON THE EDGE OF GEORGE CBD
EXCLUSIVE SOLE MANDATE
Tucked away in a quiet, tree-lined street just on the fringe of the George CBD, this well-positioned property offers the rare opportunity to own a good-yield, multi-unit investment in the heart of George.
Centrally located yet surprisingly peaceful, this versatile property is a dream for the savvy investor. It currently offers five well-established rental units spread between the main home and a separate outbuilding at the back, each generating steady income from long-term tenants.
With demand for centrally located rental accommodation in George on the rise, the property presents not just an excellent return on investment today, but also room for future growth. Subject to municipal approval, there''s enough space at the rear of the erf to develop an additional two self-catering units, further increasing the income potential.
Close to schools, shops, public transport, and all major amenities, this is the kind of property that investors hold onto. Whether you''re looking to expand your rental portfolio or step into a ready-made income-generating opportunity, this is one worth securing.
Property details
- Listing number T5096837
- Property type House
- Listing date 29 May 2025
- Land size 893 m²
- Floor size 305 m²
- Rates and taxes R 3 000
Property features
- Bedrooms 7
- Bathrooms 5
- Lounges 3
- Built in cupboards
- Kitchen
- Garden
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