7 Bedroom House for sale in Nigel Ext 2

This high-potential renovation property presents an outstanding opportunity for investors, renovators, or buyers seeking a large property with multiple income streams. Situated in a sought-after area within walking distance of schools and amenities, the property is set on a generous 733 sqm stand with approximately 210 sqm under roof, offering ample space and strong structural foundations for refurbishment and modernization. With multiple accommodation options already in place, this property is ideally suited for conversion into a multi-rental investment, student accommodation, or extended family residence. While the home requires renovation, the layout and existing structures provide a fantastic value-add opportunity with strong rental potential. Main House: The main residence offers spacious living areas and a functional layout ready for upgrading. • 3 well-sized bedrooms • 2 bathrooms • Spacious lounge with built-in bar – ideal for entertaining • Kitchen ready for modernization • Ample natural light throughout • Some newly tiled flooring Additional Income-Generating Accommodation: A major highlight of this property is the multiple external living spaces, offering excellent potential for rental income or extended family use. • 2-bedroom flatlet • 3 outside/domestic rooms with basin and toilet facilities • Separate external building with its own entrance gate These additional units create an excellent opportunity to generate multiple rental streams from a single property. Outdoor Features • Private garden • Swimming pool (requires attention) • Lapa – ideal for outdoor entertainment • 4 parking spaces Security & Extras: • Access gate • Security gate • Burglar bars • Pet-friendly property Investment Potential: This property offers exceptional upside for the right buyer, with opportunities to: • Create multiple rental units • Renovate and increase property value significantly • Generate passive rental income • Develop a multi-generational living setup Large properties with this level of accommodation and expansion potential are increasingly rare in established neighbourhoods. With the right vision and upgrades, this property can be transformed into a high-yield investment or a spacious modern residence. A true value-add opportunity waiting to be unlocked.