Investment Property in Highbury
Situated in the tranquil area of Highbury, this expansive 4,000m² property offers a lucrative investment opportunity with significant rental income potential. The property comprises a main house and 11 separate rental units, with three additional one-bedroom apartments currently under construction. All structures have approved building plans, ensuring compliance with local regulations. The main house can be utilized as additional rental space or as accommodation for the owner or a property manager, providing flexibility to suit various investment strategies.
While the buildings are structurally sound, minor cosmetic improvements such as tile repairs and painting are needed to enhance their appeal. Beyond the existing structures, the property boasts ample undeveloped land, presenting opportunities for further expansion. Potential developments include additional rental units, storage facilities, or small-scale agricultural ventures, each capable of increasing the property's income-generating capacity. This property is ideal for investors seeking a solid foundation with room for growth in a serene setting. Don't miss out on this exceptional opportunity—contact us today to arrange a viewing.
While the buildings are structurally sound, minor cosmetic improvements such as tile repairs and painting are needed to enhance their appeal. Beyond the existing structures, the property boasts ample undeveloped land, presenting opportunities for further expansion. Potential developments include additional rental units, storage facilities, or small-scale agricultural ventures, each capable of increasing the property's income-generating capacity. This property is ideal for investors seeking a solid foundation with room for growth in a serene setting. Don't miss out on this exceptional opportunity—contact us today to arrange a viewing.
Monthly Rates
R2,000
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
