R 2 040 000 | 14.0 bed property for sale in ivy park

An Exceptional Investment Opportunity with Endless Potential! Situated in a well-known suburb popular for student accommodation, this versatile property presents an excellent opportunity for investors looking to expand their property portfolio and maximise rental income. Conveniently located within walking distance of major amenities, the property is ideally suited for student accommodation, professional tenants, or a combination of residential and office use. Originally designed as a spacious four-bedroom home, the property features two lounges, a dining area, and a double garage. It has since been cleverly converted into a seven-bedroom setup using drywall partitions, which can easily be removed should the new owner wish to restore the original layout. The current owner successfully operates the property as student accommodation while utilising a portion of the home as a private office, demonstrating its flexibility and existing income-generating potential. Property Features Include: * 7-bedroom configuration, converted from the original 4-bedroom layout * Two spacious lounges * Dining area * Double garage * Large stand with ample space for future extensions or further development, subject to the necessary approvals * Electric fencing for added security * CCTV security system * Borehole * Inverter backup power system * Prime location close to major amenities and facilities The generous stand offers exciting possibilities for future expansion, allowing investors to explore opportunities to increase accommodation capacity and rental returns, subject to municipal regulations and approvals. Whether you are an established investor, looking to enter the student accommodation market, or searching for a property with excellent income-generating potential, this is an opportunity worth exploring. Invest in location. Invest in potential. Invest in your future.