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Flexible rental income and redevelopment potential near Brits College — zoned for flats with architect plans, parking and a strong borehole with Jojo tank, including existing 3-bed house and two flatlets.
SOLE & EXCLUSIVE MANDATE
Rezoned for Development – Prime Business Opportunity in Brits!
This strategically located property, near the local Brits College, presents an excellent investment opportunity. With many nearby houses renting out rooms to students, the potential for rental income is substantial. The property is zoned for development, offering an ideal location for building flats, and comes with architect plans, as well as all required zoning documents.
The Building Plans Include:
4 units, each with 3 bedrooms and 1.5 bathrooms
8 units, each with 2 bedrooms and full bathrooms
Designated numbered parking spaces for each tenant
Currently, the property features:
A 3-bedroom home with 2.5 bathrooms and a laundry room
2 separate flatlets, each with 2 en-suite bathrooms
A strong borehole with a Jojo tank
With ample parking, space for growth, and the growing demand for affordable housing, this is an investment opportunity not to be missed. Contact us today to schedule a viewing and explore the potential of this property for your rental business.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 20 listings in Brits Central
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 18% above the median. Floor size is 33% larger than typical for similar homes.
Similar properties pricing
Market depth
20 similar listings
Medium similar-home inventory in Brits Central
Median time on market: 128 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Brits Central offers a convenient, community-focused lifestyle with essential amenities and easy access to the industrial and agricultural hubs of the North West province.
* Distances and amenities are approximate.
