- 20
- 20
- 1 784 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 6774.71
Property description
This versatile and income-generating property is perfectly positioned in the heart of Queenstown and offers a rare chance to secure a high-potential investment with multiple revenue streams and future development possibilities.
The property features a well-positioned retail shop at the front, currently tenanted and generating reliable monthly income, making it ideal for investors seeking immediate returns. Attached to the shop is a spacious three bedroomed house, also leased, adding to the already solid rental yield.
Beyond the shop and house, the property boasts 36 spacious rooms with ample layout flexibility. These rooms are ideal for long-term tenants, student accommodation, or could easily be converted into bachelor flats, depending on your vision. Given Queenstown’s growing demand for rental housing, particularly in the student and young professional sectors, this property offers excellent potential for high occupancy rates and long-term growth.
The large yard and extensive parking space further enhance the value of this property, making it suitable for both tenants and future redevelopment plans. Whether you’re looking to operate as-is or reimagine the space into a dedicated student housing complex, boarding house, or a multi-unit rental block, the infrastructure is already in place for you to make it happen.
Key Features:
Retail shop with existing rental income
Attached residential house, with three bedrooms lounge kitchen and bathroom also tenanted
Over 20 spacious rooms with income potential
Large plot with abundant parking
Ideal for conversion into student accommodation
Situated in a central, high-demand area
This is an opportunity not to be missed for serious investors or developers looking to make a smart move in Queenstown’s growing property market. Contact us today to book your private viewing or request more information.
Property Details
- 20 Bedrooms
- 20 Bathrooms
Property Features
- Access Gate
| Bedrooms | 20 |
| Bathrooms | 20 |
| Erf Size | 1 784 m2 |
