8 Bedroom Apartment / flat for sale in Bethlehem Central

Unlock the full potential of this exceptional investment property, perfectly positioned directly next to Truida Kestell Primary School. This unique property offers far more than a comfortable family home—it presents an outstanding opportunity for investors and developers looking to secure an income-producing asset with significant future growth potential. The existing residence comprises a spacious 4-bedroom home with 2 bathrooms, generous living areas and a well-appointed kitchen fitted with neat built-in cupboards. A sparkling swimming pool further enhances the property's appeal and could easily serve as a shared amenity for future residents. The real value, however, lies in the property's approved development potential. The property already includes four separate 1-bedroom duplex units, each generating a steady monthly rental income, providing an immediate return on investment from day one. In addition, all the necessary zoning and development approvals have already been obtained for the construction of a further 8 residential units, allowing a purchaser to expand the development without the uncertainty and delays of the rezoning process. Whether your vision is to grow your rental portfolio, develop modern sectional title units, or create a larger residential complex, this property offers exceptional flexibility and outstanding long-term investment value. The main residence and 3 garages can also be converted into more rental units. Properties with an established rental income, approved development rights and such a prime location seldom become available. Don't miss this rare opportunity to secure a high-yield investment with enormous future potential. Contact us today for more information or to arrange a viewing.