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hide floor plan

House in Paarl - MR609221

R 2,925,000
10
bed
8
bath
750m2
floor area
959m2
erf size
Rate this Deal

10
8
750m2
959m2
Paarl - MR609221
House in Paarl, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape
R 2,925,000

Property Overview

POT OF GOLD with mixed use zoning!

"Fix me upper" with HUGE income potential!

Excellent investment with scope to increase the income drastically!

Keep the heritage façade in front, continue with a new exciting Development towards the back!

1. Two semi-detached houses with heritage fronts
façade - One AND two bedroom houses

2. Enormous ±130m² laundromat to be turned into more
rentable accommodation!

3. Four bachelor flats -renovate & upgrade to increase
income!

The current monthly income is a drop in the bucket to
the potential the property offers!

4. Spacious double story house which is easily divided into
top and bottom rentable spaces.

Ample secure parking & storage space.

Favorably positioned in a "mixed use zone area", with room to embark on a Residential development, or other opportunities
such as a Dementia Centre! or other Medical facility.

The demand for reasonable accommodation is huge in Paarl!

Grab the opportunity!

Priced to sell!

...read more

Property Key Features

Rooms

  • 10 Bedrooms
  • 8 Bathrooms

Services

  • Rates and Taxes R1708

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Floor Area - 750m2
  • Erf Size - 959m2
  • Price per square floor meter - R3,900 per m2
  • Price per square erf meter - R3,050 per m2

Property Photos

Contact Info

Owner details

Contact Barbara Strydom

required
email or phone number
email or phone number
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Phone Agent Now
Phone number for Barbara Strydom
0833403162

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