4 Bedroom House For Sale in Vanes Estate

R1,995,000

85 Verwoerd Drive

Monthly Bond Repayment R21,275.27
Calculated over 20 years at 11.5% with no deposit.

Web Ref No CHEG-0166

Prime Development and Investment Opportunity

Presenting an outstanding investment opportunity tailored for developers and savvy investors. This property boasts existing rental income alongside significant expansion potential.

Currently, the site includes two modern 2-bedroom units, both fully tenanted and generating a combined rental income of approximately R14,000 per month. Situated on a generous 1,364 square meters, these units have been designed with contemporary finishes that attract today's discerning renters.

What sets this property apart is the approved rezoning plans for four additional units, offering the chance to greatly enhance rental income and optimize the site's full potential.

Residents can enjoy a communal pool, a valuable amenity that adds to tenant satisfaction and enhances the property's appeal.

If you're seeking a solid investment with excellent growth prospects, this opportunity is not to be missed. Contact me today to schedule your private viewing.

Features

Bedrooms 4
Security Yes
Bathrooms 2
Recep. Rooms 4
Land Size 1,364m²
Carports/Parkings 2
Pool Yes
Pets Allowed Yes
Monthly Rates R610.00