• 5
  • 2
  • 991.0 m2

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 800.00

Property description

 Set on a generous991m² erf, this expansive property presents an exceptional opportunity for
visionary buyers and savvy investors seeking to unlock outstanding potential. With three separate buildings on the premises, the possibilities for redevelopment, rental income generation, or multi-family living are truly
compelling. The main residence offers five well-proportioned bedrooms and two bathrooms, providing ample space to reimagine a substantial family home or convert into a high-yield rental configuration. The layout lends itself to
flexible redesign, allowing the new owner to modernize and customize according to their specific vision and market needs. Whether you envision contemporary shared living spaces, additional en-suite facilities, or open-plan communal areas, the foundation is already in place to create something remarkable. Complementing the main house are two separate flatlets, ideal for generating additional rental income or accommodating extended family. These units significantly enhance the investment appeal of the property, offering multiple income streams from a single address. With thoughtful renovation, the entire property could be transformed into a cohesive, income-producing asset with strong long-term returns. While the property does require renovation and upgrading, this should be viewed as its greatest strength. It offers a blank canvas for the discerning buyer to add value through strategic improvements. In today’s market, opportunities that allow you to shape a property to your own standards—while
maximizing return on investment—are increasingly rare. Its size and layout make it particularly well-suited for student accommodation or housing for working professionals who are new to Kimberley and seeking affordable, comfortable living options. With the continued demand for practical rental accommodation in the area, the potential for steady occupancy and attractive yields is clear. Beyond its investment potential, the substantial erf provides ample outdoor space, parking possibilities, and room for further enhancements should you wish to expand or refine the existing structures. This is not merely a property purchase... it is a strategic opportunity to create value, generate income, and develop a space tailored precisely to your objectives. Opportunities of this scale and versatility are seldom available. If you are ready to transform potential into profit, I invite you to arrange a viewing and explore first-hand the scope and promise this property holds. Contact me today to secure your appointment and take the first step toward making this exceptional investment your own.
 

Property Details

  • 5 Bedrooms
  • 2 Bathrooms
  • 1 Lounges

Property Features

  • Pets Allowed
  • Fence
  • Kitchen
  • Family TV Room