Townhouse for sale
Exceptional investment opportunity – multi-unit property with development potential
Income-focused property offering flexible living and expansion options in a sought-after neighbourhood, featuring a private pool and vacant stand with plans for 30 storage units.
EXCEPTIONAL INVESTMENT OPPORTUNITY – MULTI-UNIT PROPERTY WITH DEVELOPMENT POTENTIAL
An excellent investment opportunity offering multiple income-generating residential units, additional land and exciting future development potential in a sought-after area.
The property consists of:
- 2 Luxury 3-Bedroom Townhouses, each offering double amenities, a double garage and a spacious kitchen with a separate scullery.
- Prepaid water and electricity meters for convenient utility management.
- 1 Additional House featuring a swimming pool and a borehole ;currently without a pump.
- A Large Vacant Stand situated behind the townhouses, offering excellent potential for further development.
- The current plan is to have 30 storage units built at the back
- Additional improvements include a single garage, storeroom and carports.
DEVELOPMENT POTENTIAL
An exciting opportunity for investors: Building plans are already available for the development of 30 storage units on the vacant stand, creating the potential for an additional rental income stream
CURRENT RENTAL INCOME of around R20000 per month
*Please note: The current rental income excludes the vacant stand, which is presently generating no income.
WHY INVEST IN THIS PROPERTY?
- Multiple residential rental opportunities.
- Existing monthly rental income.
- Additional land for future development.
- Plans available for 30 storage units.
- Potential to significantly increase rental returns.
- Excellent location and long-term investment potential.
-A rare opportunity to secure an income\-producing property with substantial room for expansion and future growth. Ideal for the astute investor looking to maximise rental income and unlock additional value through development!
Contact your listing agent today to schedule an appointment!
Additional features
Ownership costs
Property history
Listed for sale at R2,582,000
Smart property insights
Wide price range across Klerksdorp
Prices vary widely across Klerksdorp, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Klerksdorp.
Market depth
96 similar homes
103 listings across Klerksdorp
148 days
Median time on market
Many similar homes
Active across Klerksdorp
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
