Investor alert | versatile property with exceptional income potential

Prime Fillan Park bordering Scottsville/Pelham location | Main house and three-bedroom flatlet | Excellent investment potential

Looking for a property that offers flexibility, location and strong income potential? This versatile property in the sought-after Scottsville/Pelham area presents an exciting opportunity for investors, renovators and buyers looking to unlock additional value.

The property comprises a three-bedroom main house and a separate three-bedroom flatlet, making it ideal for extended-family living, dual-income potential, student accommodation or a flexible investment strategy, subject to the necessary municipal approvals and zoning requirements.

The main dwelling offers three bedrooms, bathrooms, an open-plan kitchen and living area, and a practical layout with plenty of potential for comfortable family living or rental accommodation.

The separate three-bedroom flatlet adds significant value and flexibility. It can be used for extended family, rented out independently or incorporated into a broader student or professional accommodation strategy.

PROPERTY FEATURES

* Three-bedroom main house

* Separate three-bedroom flatlet

* Four bathrooms

* Open-plan kitchen and living area

* Additional outside rooms

* Potential for multiple rental units

* Covered entertainment area

* Double carport

* Ample additional parking

* Low-maintenance garden

* Property requiring some TLC, offering an opportunity to renovate and add value

* Excellent potential for student or professional accommodation

* Flexible family living or investment configuration

* Separate accommodation suitable for extended family or rental income

PRIME LOCATION

Location is one of this property’s strongest features.

Situated close to Southgate Spar and major transport routes, the property is conveniently positioned for students, professionals and families.

Nearby amenities and landmarks include:

* Southgate Spar

* Build it

* Total service station

* UKZN

* DUT Riverside

* Scottsville

* Alexander Police Station

* Schools and preschools

* Medical facilities and hospitals

* Churches

* Checkers and Woodburn Shopping Centres

* Harry Gwala Stadium

* Alexandra Park

* Oval Cricket Stadium

* Oribi Airport

* KwaZulu-Natal Legislature

* Msunduzi Municipality offices

* Government offices

* Various private businesses and security companies

The property’s proximity to universities, schools, shopping facilities, public transport and major employment areas makes this an attractive location for accommodation-focused investors.

INVESTMENT OPPORTUNITY

For the astute investor, this property offers the opportunity to renovate, reconfigure and maximise the available accommodation space.

The combination of a three-bedroom main house, a separate three-bedroom flatlet and additional outside rooms creates the potential for multiple income streams, particularly through student or professional accommodation. The exact rental income will depend on the final configuration, finishes, occupancy and applicable municipal and zoning requirements.

Whether your goal is to build a rental portfolio, create student accommodation, accommodate an extended family or transform the property into your own customised home, this property gives you the flexibility to do it.

This is more than just a fixer-upper — it is an opportunity to unlock the property’s full potential in one of Scottsville’s highly convenient locations.

Don’t miss this opportunity to secure a property with genuine renovation and income-producing potential. Contact me today to arrange a viewing.