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9 Meade, George Central, George, Western Cape
R 9 997 000
High-Yield Investment Opportunity – George South Exceptional investment opportunity in the sought-after George South, ideally located close to York Street and York High School. This rare offering includes two adjacent freestanding homes on separate title deeds, sold together as one investment. Key Features: Combined land size: ±2,842 m² 8 Bedrooms | 4 Bathrooms across both homes Currently used as student accommodation Generates ±R75,000 rental income per month Lease in place with Nelson Mandela University (George Campus) from Feb 2026 – Nov 2026 Zoned Single Residential 1 with excellent future development potential (subject to approval) Property Breakdown Meade Street House 4 Bedrooms 2 Bathrooms 2 Separate toilets Potential to expand and increase yield Palgrave Street House 4 Bedrooms 2 Bathrooms Large shed The property is fully fenced and offers strong immediate income with long-term growth potential in a high-demand rental area. All offers welcome. Vault Properties operates from the beautiful town of George on the Garden Route. We specialise in property sales and rentals.
Estimated monthly repayment
R 94 405
on a R 8 997 300 bond over 20 years at 11.25%
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9 Meade, George Central, George, Western Cape
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Liivra AI market value
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