Prime Development & Business Opportunity in George Central
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.
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.
Monthly Rates
R1,500
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
