Income Potential Meets Limitless Possibilities!
Seize this rare opportunity to own a 1.8-hectare dual-zoned property that blends immediate rental income with huge future potential!
Thoughtfully divided into a developed section which is already generating a steady monthly income and a versatile undeveloped space which would be perfect for further residential development, small-scale agricultural ventures or even tourism options with a focus on sustainability, this property is perfect for investors and families alike.
Developed Section – Earn from Day One!
Main House – Currently split into five separate rental units, each with their own bedrooms, bathrooms, kitchens and living areas. It is partially tenanted at the moment and can easily be converted back into a spacious family home if needed.
Standalone 2-Bedroom Home – Ideal for personal use or for a tenant requiring more privacy and space, it is currently vacant and features a 7,500L rainwater tank as an added bonus as well as a lovely shady deck.
Converted Garage – It has been thoughtfully transformed into four separate rental units all of which are currently occupied. One unit has it's own enclosed garden making it ideal for a tenant with pets.
Resort-Style Perks – Large swimming pool, lapa with braai area, and tennis court. These will be integral in your tenants enjoyment as well as your own personal lifestyle and relaxation.
More than 40 established fruit and nut trees across the property, ready for you to enjoy.
Extra Features for Convenience & Security
- A 25kVA generator which is able to provide power to the entire property.
- Water tanks, perfect for rainwater harvesting, totaling a combined capacity of 40 000L which are already plumbed in.
- Fully fenced with a perimeter gate on remote.
- Two sheds which can be utilized for storage or as a versatile workspace.
Why This Property?
Turnkey Investment – Sold as a going concern with existing tenants, ensuring instant returns.
Versatile & Multi-Functional – Ideal for investors, multi-generational families, or those seeking a live-and-earn lifestyle.
Growth Potential – Develop further or simply enjoy the steady rental income from day one!
All it takes is a vision and some tlc to seize this opportunity!
Contact us today to arrange your own private viewing.
Thoughtfully divided into a developed section which is already generating a steady monthly income and a versatile undeveloped space which would be perfect for further residential development, small-scale agricultural ventures or even tourism options with a focus on sustainability, this property is perfect for investors and families alike.
Developed Section – Earn from Day One!
Main House – Currently split into five separate rental units, each with their own bedrooms, bathrooms, kitchens and living areas. It is partially tenanted at the moment and can easily be converted back into a spacious family home if needed.
Standalone 2-Bedroom Home – Ideal for personal use or for a tenant requiring more privacy and space, it is currently vacant and features a 7,500L rainwater tank as an added bonus as well as a lovely shady deck.
Converted Garage – It has been thoughtfully transformed into four separate rental units all of which are currently occupied. One unit has it's own enclosed garden making it ideal for a tenant with pets.
Resort-Style Perks – Large swimming pool, lapa with braai area, and tennis court. These will be integral in your tenants enjoyment as well as your own personal lifestyle and relaxation.
More than 40 established fruit and nut trees across the property, ready for you to enjoy.
Extra Features for Convenience & Security
- A 25kVA generator which is able to provide power to the entire property.
- Water tanks, perfect for rainwater harvesting, totaling a combined capacity of 40 000L which are already plumbed in.
- Fully fenced with a perimeter gate on remote.
- Two sheds which can be utilized for storage or as a versatile workspace.
Why This Property?
Turnkey Investment – Sold as a going concern with existing tenants, ensuring instant returns.
Versatile & Multi-Functional – Ideal for investors, multi-generational families, or those seeking a live-and-earn lifestyle.
Growth Potential – Develop further or simply enjoy the steady rental income from day one!
All it takes is a vision and some tlc to seize this opportunity!
Contact us today to arrange your own private viewing.
Monthly Rates
R2,300
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Colleen Glen, Port Elizabeth
- Street map
- Street view
- Amenities
- Schools
Filling Station
1.91 km - Caltex COLLEEN GLEN
6.11 km - Caltex
7.08 km - Colchester Motors
Bus Station
19.52 km - Translux
19.52 km - Translux - Taxi Rank
20.18 km - Algoa Bus Depot
Hospital/Clinic
12.06 km - Jose Pearson Tb Hospital
12.44 km - Algoa Frail Care Centre
4.91 km - Lake Farm Centre
Police Station
11.78 km - South African Police Service - Rocklands
12.26 km - South African Police Service - Kabega Park
5.86 km - South African Police Service - Seaview
Shopping Centre
6.01 km - Jen-Jens
8.57 km - Baywest Mall
8.59 km - Baywest Mall
1.08 km - Colleen Glen Farm School
1.68 km - The Horse Zoo
1.83 km - Animals In Wonderland
10.72 km - Charisma Christian Educare
11.76 km - Curro Westbrook High School
12.59 km - Tehillah Christian Academy
15.59 km - Sanctor Technicon
15.68 km - Heath Park Campus
16.17 km - Chatty Senior Secondary School
2.15 km - Universal Islamic And Cultural Trust
5.21 km - Altona Primary School
5.41 km - Saint Albans Primary School
7.84 km - Sunrise Preschool
8.18 km - Kuyga Public Primary School
9.53 km - Lauren
9.97 km - Dias Farm School
Average sold property price in Colleen Glen
Freehold
Sectional Scheme
Vacant Land
Freehold
R2,522,286
33.4%
Average price
7
33.3%
Transfers
Sectional Title
0
0%
Average price
0
0%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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