08/10/2020
INVESTMENT OPPORTUNITY WITH RESIDENTIAL ZONING | R4,499,000
Units 11 | Ample Parking
EXCLUSIVE SOLE MANDATE
This one is for someone who can spot the potential and turn it into a lucrative venture.
Situated on a 1 488 sq/m plot, the property offers eleven units which are currently rented out on a month to month basis. The units offer the following:
Unit A: 2 Bedrooms, Bathroom, Kitchen, Lounge
Unit B: 2 Bedrooms, Bathroom, Kitchen, Lounge
Unit C: 2 Bedrooms, Bathroom, Kitchen, Lounge
Unit D: 2 Bedrooms, Bathroom, Kitchen, Lounge
Unit E: 1 Bedroom, Bathroom, Kitchen, Lounge
Unit F: 1 Bedroom/Lounge, Bathroom, Kitchen
Unit G: 1 Bedroom, Bathroom, Kitchen, Lounge
Unit H: 2 Bedrooms, Bathroom, Kitchen, Dining room, Lounge
Unit I: 1 Bedroom, Bathroom, Kitchen, Lounge
Unit J: 1 Bedroom, Bathroom, Kitchen, Lounge
Unit K: 1 Bedroom, Bathroom, Kitchen, Lounge
All the units have access to a small garden through a sliding door. Several units have covered patios and there is a lock-up garage that can be used as a store-room. Parking bays are allocated on the premises.
This is a bit of a fixer-upper but with love, creativity and renovations can be turned into an asset for the area.
Windsor Park, a suburb of Kraaifontein, is conveniently located near the N1 traveling towards Cape Town, Paarl, and Worcester. There is no shortage of schools in and around Kraaifontein, namely Aristea Primary, Fanie Theron Primary, Eben Donges High School, Monument Park High School, and Meridian Pinehurst Independent School. The area is conveniently situated near several medical facilities and some key amenities of the region. The traveling time to Cape Town International is roughly 20 to 30 minutes.
There are some interesting developments on the cards for the Shelley/Brighton Street area which could have a positive impact on the property value of the area.
Should you wish to view the property and discuss the prospects, please call the agent.
View this property on our website:
http://bit.ly/LREG-2261
Contact your Leading Realty Expert to view:
Hennie Visser at LRE Group Brackenfell - Head Office
079 890 8601
021 982 1053
[email protected]