Ideal for investors or multi-generational living in central George South, offering private gardens and outdoor entertaining with built-in braai. Two homes provide eight bedrooms and flexible flats.
*DUAL MANDATE*
Located in George South, this multi-dwelling property offers an excellent opportunity for buyers looking for an income-generating investment or space suitable for a business. Currently operating as a nursery school and aftercare, the property offers flexibility with two separate houses on one stand.
The first house features an open plan living space linking the kitchen and living room that has a built-in braai that leads to a large outdoor area. With 3 bedrooms and a bathroom, the layout provides comfortable living with practical functionality.
The second house which is larger offers the option to be used as one spacious home or divided into two separate 2 bedroom flats. The interior features an open plan lounge, dining room and kitchen with 5 bedrooms and 2 bathrooms as well as a large additional room. This house can easily be converted into 2 separate flats, with all houses on the property having their own access and own gardens.
Set on a large stand in a central location, the property offers plenty of space, creating the potential for a variety of uses. If you are looking to generate a rental income, accommodate extended family living or continue operating as a business, this property ticks all those boxes.
Don’t miss out, call me today to arrange a viewing.
Listed for sale at R3,995,000
Price increased by 0.1% to R3,999,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 31 listings in George (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 20% below the median. Floor size is 41% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 39,256 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
31 similar listings
Medium similar-home inventory town-wide (George)
Median time on market: 151 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
George South offers a blend of suburban tranquility and convenient access to essential amenities, making it an appealing residential area for families and individuals alike.
* Distances and amenities are approximate.