Web Ref No RL5304

Investment Property: This very special property is situated on a large stand and is minutes away from popular schools, the CBD, Valencia, and Valley Hyper Shopping Centre. The peaceful and tranquil setting with a rustic and extraordinary design makes this property very special and in harmony with nature. It previously consisted of the main house and a separate flat. The owner has changed the house and flat into 3 x 2 bedroom units - each with its own entertainment area, double carport, and communal garden. The buyer will have 2 options. Option 1: Keep the 3 units and apply at the municipality to re-zone as high density. Option 2: Convert it back to a house with a flat. With the second option, zoning will remain unchanged. The potential rental income is R22 000.