R 2 995 000 | 8.0 bed property for sale in sparks estate

Four-Unit Residential Investment – Exceptional Income-Generating Opportunity Unlock the potential of this outstanding double-storey investment property, thoughtfully divided into four self-contained residential units, making it an ideal choice for investors seeking strong rental returns. The property offers a total of 8 bedrooms, 4 kitchens, 4 lounges, and 5 bathrooms, providing comfortable accommodation for multiple tenants. Secure open parking is available within locked gates, offering convenience and peace of mind. This versatile property presents multiple income-generating opportunities. Continue operating it as four separate rental units, or convert it into student accommodation with the potential to accommodate approximately 15 students, creating an attractive yield in a high-demand rental market. Positioned on a prominent corner stand and zoned Special Residential 400, the property offers excellent accessibility and future potential. The building is structurally sound and in good overall condition, requiring only a little tender loving care and cosmetic updating to maximise its value and rental appeal. Property Features: Double-storey investment property Four self-contained residential units 8 bedrooms 4 lounges 4 kitchens 5 bathrooms Secure open parking behind locked gates Corner property with excellent exposure Zoned Special Residential 400 Ideal for long-term rentals or student accommodation Potential accommodation for approximately 15 students Excellent income-generating opportunity Well-maintained structure with scope to add further value Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a property with multiple income streams, this is an opportunity not to be missed.