A Statement Investment in One of the Area’s Most Sought After Locations!!!

This is a rare acquisition where every element aligns prime positioning, exceptional versatility, established income, and compelling future potential creating a property of undeniable investment merit.

Set on an expansive 1,800sqm stand, this is the final opportunity to secure a residential or commercially adaptable property within a prestigious, high demand precinct that has already evolved into a thriving business hub. Surrounded by established commercial enterprises, the property offers seamless transition potential, whether retained as a residential asset, fully converted to commercial use, or configured as a sophisticated mixed use holding.

The main residence, positioned prominently at the front, is a substantial six bedroom home distinguished by elegant wooden flooring and soaring ceilings, evoking timeless character and scale seldom replicated in modern construction. While the interiors present an opportunity for refinement, this simply enhances its appeal to the discerning buyer, allowing for a bespoke renovation that can significantly elevate both capital value and rental yield. In its current form, the home remains entirely functional, lending itself effortlessly to rental or multi-tenant accommodation.

A well established income stream is already in place, comprising two self contained one bedroom apartments and an additional one bedroom basement unit. The property is currently achieving approximately R3,500 per room, with clear scope to increase returns toward the area’s benchmark of R5,000 per room offering immediate, measurable upside without further development.

Enhancing the property’s versatility is a fully operational, standalone workshop discreetly positioned at the rear. This facility includes a dedicated workspace, private office, and secure parking for approximately ten vehicles, ideal for automotive, storage, or entrepreneurial ventures. Within the context of the surrounding commercial landscape, this feature significantly amplifies the property’s overall value proposition.

What truly distinguishes this offering is its remarkable flexibility. It caters equally to owner-occupiers seeking supplemental income, investors pursuing diversified revenue streams, or entrepreneurs requiring an integrated live-work environment. Alternatively, it presents a strategic landholding opportunity in an area experiencing sustained commercial growth.

Properties of this calibre, offering substantial land, mixed use potential, and multiple income channels, are becoming increasingly scarce. This is not merely a purchase; it is a forward-thinking investment for those who recognise the power of location, adaptability, and long-term value creation.

For the astute buyer seeking a distinctive asset with both immediate returns and future scalability, this property warrants serious consideration.