- 4
- 2.5
- 2
- 340 m2
- 2 108.0 m2
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Property description
This 4-bedroom property presents an exceptional investment opportunity in a rapidly growing rental hub, ideally positioned just down the street from Varsity College. The area is increasingly being developed and transformed to cater to student accommodation and young working professionals, making this a strategic long-term asset with strong income potential.
Currently zoned Res 1, the property offers further upside with the possibility to rezone up to Business Level 4, opening the door to even greater development and income-generating opportunities.
The existing home is perfectly suited for conversion into a high-yield rental property or student accommodation setup, with ample space and flexible layout options.
Property Features:
• 4 spacious bedrooms with built-in cupboards
• 2.5 bathrooms
• Study – ideal for conversion into an additional bedroom
• Large kitchen with separate laundry
• 2 large lounges + entertainment lounge (easily adaptable for communal living spaces)
• Double garage
• Staff room with bathroom (additional rental potential)
• Swimming pool
• Borehole
• Two separate entrance gates – ideal for multi-tenant access and added convenience
With the growing demand for student housing in the area and its proximity to Varsity College, this property is perfectly positioned to generate strong, consistent rental returns.
Whether you’re looking to develop, renovate, or hold for long-term growth – this is an opportunity not to be missed.
Property Details
- 4 Bedrooms
- 2.5 Bathrooms
- 2 Garages
- 2 Lounges
- 1 Dining Area
Property Features
- Study
- Patio
- Pool
- Staff Quarters
- Storage
- Pets Allowed
- Access Gate
- Kitchen
- Guest Toilet
- Paving
- Garden
- Family TV Room
| Bedrooms | 4 |
| Bathrooms | 2.5 |
| Garages | 2 |
| Floor Area | 340 m2 |
| Erf Size | 2 108.0 m2 |
Contact the Agent
Phillip van der Merwe
Full Status Property Practitioner