Investment Gem: High-Density Student Housing Potential in Ext 5
- 4 beds
- 1 bath
- 220 m²
Basics
- Bedrooms: 4
- Bathrooms: 1
- Area, m²: 220 m²
- Lot size, m²: 991 m²
- Location: Heidelberg Central
Parking
- Parking: 1
Description
-
Description:
Exclusively marketed by Dirk at Howell Properties
Key Details:
- Property Size: Approx. 220 m²
- Erf Size: 991 m²
- Main House: 3 Bedrooms | 1 Bathroom | Lounge | Dining Room | Sunroom
- Flatlet: 1 Bedroom | Lounge | Bathroom (Kitchenette needs fitting)
- Bonus Room: Multi-purpose space (Study / Store / Room expansion)
Property Description
Unlock Massive Rental Yields Near Sedibeng College!
Strategically situated in Extension 5 and located directly within the high-density zone earmarked for student residential expansion by the Lesedi Local Municipality, this property presents an unbeatable opportunity for savvy investors or developer-minded buyers.
Main Residence:
- Living Spaces: A welcoming sunroom leads into a spacious open-plan lounge and formal dining room, complete with a cozy anthracite fireplace for cold winter months.
- Kitchen: Functional and practical, equipped with a freestanding stove/oven combination and dedicated plumbing/space for a washing machine.
- Bedrooms & Bathroom: Three well-proportioned bedrooms served by a central bathroom featuring a bath, basin, and toilet.
Flatlet & Flatlet Conversion:
- Converted Flat: The original garage has been neatly converted into a self-contained one-bedroom flatlet featuring its own lounge area and private bathroom. The space is plumbed and ready for a custom kitchenette to be fitted, instantly creating an extra income stream.
- Versatile Extra Room: An additional room attached to the structure offers flexibility as a home study, secure storage room, or an ideal base for expanding into extra student quarters or en-suite bathrooms.
Outdoors & Land: Set on a generous 991 m² stand, the sprawling yard provides ample footprint for further extensions, additional flatlets, or secure off-street parking for multiple tenants.
Whether you retain the classic layout for immediate long-term tenancy or reconfigure the main home and outbuildings into a multi-room student commune, the municipal zoning and location guarantee strong long-term demand.
Contact Dirk to arrange your exclusive viewing.
Show all description