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Lambton, Lambton, Germiston, Gauteng
R 4 800 000
Versatile Lambton Property: Family Home, Income Generator and Development Opportunity Presenting a unique opportunity in the heart of Lambton, this expansive property offers a rare blend of comfortable family living, significant rental income potential, and future development prospects. Situated on a prominent business street, it benefits from excellent exposure and convenient access to local amenities, making it an ideal investment for discerning buyers. The main residence features three well-proportioned bedrooms and two bathrooms, including an en-suite. The living spaces are thoughtfully designed with two open-plan lounges, complete with a cosy fireplace, and a dedicated dining room offering ample cupboard space. A functional kitchen and separate scullery cater to all culinary needs, ensuring a practical and inviting home environment. Adding to its appeal, the property includes two independent cottages, each comprising a bedroom, lounge, kitchen, and bathroom – perfect for generating consistent rental income. An additional outside office building is currently leased to legal professionals, further enhancing the property's income stream. Ample parking is available with a double garage, a carport for two vehicles, and extensive additional parking space. Set on a substantial 3900 sqm erf, this property is zoned for a residential complex, offering the potential to develop up to ten units. Security is well-addressed with CCTV cameras, electric fencing, burglar bars, and an access gate. While the swimming pool requires some attention, it represents a valuable asset for future enjoyment. Its prime location ensures proximity to schools, public transport, Lambton Gardens Mall, and major highways. This property truly offers endless potential – whether you seek a family home, a robust income-generating asset, or a strategic development site. Contact us today to arrange a viewing and explore the myriad possibilities this exceptional Lambton property has to offer. Key Features 3 Bedrooms, 2 Bathrooms (Main House) Two Income-Generating Cottages Rented Outside Office Building 3900 sqm Erf with Development Potential (Zoned for 10 Units) Double Garage and Carport for 2 Vehicles CCTV Cameras and Electric Fencing Swimming Pool (requires TLC) Prime Location on Busy Business Street REAPING HARVEST INVESTMENTS 73 (PTY) LTD trading as RE/MAX All Stars (Germiston) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 45 328
on a R 4 320 000 bond over 20 years at 11.25%
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Fair-value check
Priced highPriced 160% above comparable 3-bed houses for sale in Lambton
Based on 29 comparable listings
A market signal from comparable listings — not a formal valuation.
Lambton, Lambton, Germiston, Gauteng
Listed by
Pieter Adams
Unclaimed listing — claim it to verify
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