2 Bedroom House For Sale in Graaff-Reinet

R1,080,000

50 Cradock Street

Monthly Bond Repayment R11,704.04
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL19066

Discover Exceptional Investment Potential in the Breathtaking Karoo Landscape of Graaff-Reinet

Ready to seize a remarkable investment prospect? Look no further than this gem nestled in Graaff-Reinet's captivating Karoo landscape. Here's what sets this opportunity apart:

Key Highlights:

1. Occupied Flats: Benefit from immediate rental income with two flats already leased to tenants.
Secure Parking: Two lock-up garages ensure safety for your vehicles or additional rental revenue.
2. Ideal Location: Positioned in a sought-after area near essential amenities like Spar and the local church.
3. Pool Potential: Explore the possibility of communal pool use to enhance the property's allure.
4. Expansive Land: Sprawling across 1376m², the property offers ample space for your imaginative plans.

Development Prospects:

Despite fire damage to the main building, it presents a blank canvas for your creative vision. Whether you envision crafting your dream home or income-generating rental units, the potential here knows no bounds. Given the soaring demand for rental accommodation in Graaff-Reinet, capitalize on this chance to secure a lucrative investment.

Features

Bedrooms 2
Bathrooms 2
Flatlet 2
Recep. Rooms 2
Garages 2
Land Size 1,376m²
Carports/Parkings 2
Pool Yes
Pets Allowed Yes
Monthly Rates R811.00

Extras Security Gate
Pool Shed
Country Living