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29 Victoria Street, George Central, George, Western Cape
R 3 500 000
An outstanding income-generating opportunity in the heart of George Central. Set on a generous 872m² erf, this versatile property presents an increasingly rare opportunity for investors seeking multiple income streams from a single well-positioned property. Currently configured as four separate, fully equipped living units, the property offers: 2 x two-bedroom units, each with a full bathroom, kitchen and living area 2 x one-bedroom units, each with its own bathroom, kitchen/kitchenette and living space Undercover parking Two separate access driveways Fully fenced erf Excellent proximity to George's hospitals, schools, shopping centres and everyday amenities The property's configuration provides excellent flexibility for rental accommodation, extended family living or a combination of both. All four units are currently tenanted on month-to-month leases, providing an immediate income-producing opportunity for the new owner. The substantial erf and dual access points add further versatility, while the property's central location places tenants within easy reach of the services and amenities that make George such a sought-after residential hub. There may also be future development or rezoning potential, subject to the necessary investigation, municipal requirements, and approvals, adding another layer of opportunity for an astute investor. Whether you're looking to expand an existing property portfolio, secure a multi-income investment or acquire a property with further potential to unlock, this is an opportunity worth serious consideration. Four units. Multiple possibilities. One strategic George Central address. Contact Keelan Sutherland | Team Sutherland to arrange your private viewing.
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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29 Victoria Street, George Central, George, Western Cape
Listed by
Lebo Van Zyl
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