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George Central, George Central, George, Western Cape
R 4 295 000
Exceptional Investment Property with Residential, Business and Development Potential Positioned on a prominent public transport route in the heart of George, this versatile 1,040m2 property presents a rare opportunity for investors, developers, and business owners alike. The property currently consists of the following: 2-bedroom house as well as a separate bachelor flat generating rental income from existing tenants and a current office space is under construction and being converted into a second flat, offering further income-generating potential upon completion. Its strategic location and flexible usage options make it an outstanding investment with multiple possibilities for residential, commercial, or development purposes. Surrounded by established businesses, this sought-after address is ideally situated within one of George's rapidly developing commercial corridors. Whether you are looking to establish business premises, develop additional residential units, or secure a high-potential investment property, this property offers exceptional value. Business rights are a possibility, with applications to be submitted to the local municipality by the purchaser. Property Features: Erf Size: 1,040m2 Prime location on a major public transport route 2-Bedroom house Existing Batchelor flat with tenant in place Office currently being converted into an additional flat Potential for subdivision into two separate plots Excellent development potential Surrounded by established businesses Ideal for residential, commercial, or mixed-use purposes High-demand location in George Investment Highlights: Estimated rental income: R25,000 – R28,000 per month Additional rental income potential from the new flat once completed Strong future growth potential Suitable for developers and investors Potential business rights application opportunity A unique property offering multiple avenues for growth, development, and income generation in one of George's most desirable locations. Contact us today to arrange a viewing and explore the full potential of this exceptional investment opportunity.
Estimated monthly repayment
R 40 559
on a R 3 865 500 bond over 20 years at 11.25%
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George Central, George Central, George, Western Cape
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Dr Robyn Reid
34 Cathedral Street, George, Western Cape
Dr Kleynhans
Van Der Horst Evert Dr
41 Victoria Street, George Central, George, Western Cape
Weldon Rademeyer Tiran Optometrists
130 Mitchell Street, George Central, George, Western Cape
Dirk Kotzé Optometrists
69 Victoria Street, Shoprite Centre, George Central, George, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Dylan Modise
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