R1,995,000 | 2 Bedroom Freehold For Sale in Vanes Estate

I'm excited to present to you an exceptional development opportunity that's perfect for investors and developers alike. This property offers a unique combination of existing rental income and the potential for expansion.

The property comes with approved plans for rezoning to built an additional four units. This means you can significantly increase your rental income potential and maximize the use of this development opportunity.

The property currently houses two existing 2-bedroom units, each featuring modern finishes. Both units are fully tenanted, providing a current combined rental income of R14 000 per month. These 2 units are located on a 1 364 square meter erf. Each of these units has been thoughtfully designed with contemporary touched that appeal to today's renters, ensuring steady demand and satisfied tenants.

One of the highlights of this property is the communal pool, a great amenity that enhances the living experience for tenants. It's perfect for relaxation and adds significant value to the rental proposition.

If you're looking for a solid investment with significant growth potential, this is the perfect opportunity. Contact me to arrange your private viewing.