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19 Progress Street, Dormehls Drift, George, Western Cape
R 4 095 000
This versatile property, ideally located in the central business district of George, presents an exceptional opportunity for investors, professionals working from home, or families seeking multi-generational living. The property offers a generous total floor size of 321m² and includes a spacious, fully self-contained two-bedroom apartment—perfect for extended family, such as retired parents, or as an income-generating unit. Property currently yielding an excellent rental income of R33 000 per month. The main residence is a charming double-storey dwelling, affectionately known as one of George’s classic “old lady” homes, originally built by a German family. It boasts solid construction with thick walls, high ceilings, and generously proportioned living spaces—combining timeless character with modern potential. The newly renovated apartment features two bedrooms, two bathrooms, a dressing room, and an open-plan lounge and kitchen with a separate scullery. It also enjoys its own private entrance and access to a lovely garden with irrigation system and 19 000 lt storage tank. Additional features include secure parking for four vehicles, an electronic gate, and excellent overall security. Perfectly positioned near the CBD, the property offers easy access to town, with many neighbouring properties already zoned for business use. It is also conveniently located close to hospitals and municipal offices. Dual mandate.
Estimated monthly repayment
R 38 670
on a R 3 685 500 bond over 20 years at 11.25%
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19 Progress Street, Dormehls Drift, George, Western Cape
Area view — the exact address is shared on enquiry.
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