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Quay 1 International Realty
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HouseRef 6203313

Unique Double Plot Opportunity with Main House and Rental Income Potential in Oakdale

R 1 995 000Last advertised price

Oakdale, Bellville

This property is no longer on the market — it was sold by Quay 1.

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Key facts

Type
House
Bedrooms
6
Bathrooms
4.5
Garages
1
Carports
7
Land size
953 m²
Discover an extraordinary investment and development opportunity in the heart of Oakdale Bellville with this double plot property. With a substantial main house on Plot 1 and three separate flatlets on Plot 2, this expansive property offers the potential for lucrative returns and future expansion. Plot 1 - Main House: The main house on Plot 1 exudes character and elegance with the following features: Generous Bedrooms: A trio of generously sized bedrooms awaits, providing ample space for relaxation and personal comfort. Grand Entrance: The main house welcomes you with a long entrance hall adorned with beautiful arches, creating a captivating first impression. Soaring Ceilings: Throughout the house, high ceilings contribute to the sense of spaciousness and timeless grandeur. Bathrooms: There are one and a half bathrooms, catering to the convenience of residents and guests. Security: Your peace of mind is assured with an alarm system and CCTV cameras. Potential for Improvement: While the main house may require some tender loving care (TLC), it represents a canvas for customization and modernization to suit your personal style and preferences. Open Living Spaces: The kitchen seamlessly connects to the dining room and living room, all featuring an abundance of space and large windows that fill the interiors with natural light. Parking: For your convenience, the property includes a double garage and secure parking for up to eight vehicles. Plot 2 - Flatlets: Plot 2 is a significant plot with three separate flatlets, all currently rented out, providing an immediate and steady stream of income. The flatlets consist of: Flatlet 1: A neat one-bedroom, one-bathroom unit with a full kitchen, catering to comfortable living. Flatlet 2: Another one-bedroom, one-bathroom flatlet that offers cozy accommodation. Flatlet 3: A third one-bedroom, one-bathroom unit, perfect for those seeking private living spaces. Additional features of Plot 2 include a well point, ensuring a sustainable water source for the property. Investment and Development Potential: This property is a smart investment choice with its main house and all flatlets currently generating rental income, offering an attractive return on investment. Moreover, the vast space on Plot 2 allows for potential expansion of the main house or the construction of a second dwelling, promising further financial opportunities. Perfectly Located: Situated in the Oakdale neighborhood, this property enjoys proximity to an array of amenities, including shops, malls, public transport, and major roadways, ensuring convenience and accessibility. Don't miss the chance to seize this exceptional investment and development opportunity. With a strong rental income and scope for future growth, this double plot property in Oakdale Bellville is a wise choice for those seeking to maximize their real estate portfolio. Act now and transform this property into your vision of success.

Features

  • security
  • pets allowed

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