Web Ref No RL11002

Significant potential for value creation, 2 cottages and a possible sub-division.

I'm excited to introduce a property that not only provides comfortable living but also holds significant potential for value creation. An exceptional property centrally located for your convenience.

Venture outside to the generous undercover patio overlooking an expansive level terrace and newly refurbished pool, surrounded by ample lawn space – an ideal setting for relaxation and entertainment all the while enjoying tree top views.

This property features a spacious 5-bedroom home with 4 bathrooms, offering practical living spaces, 2 lounges, a modern kitchen opening onto the spacious verandah, a separate dining room, this home balances functionality with comfort.

The kitchen has been redone to a high spec, flowing out onto an amazing entertainment veranda, including a skylight above the kitchen, which provides unique light over the huge space.

Two income producing granny flats, currently tenanted and generating R14,000pm in rental income, making this property an investor's dream. Cottage1: gorgeous 2 bedrooms of approx 80m2, with a private back garden and a sunny verandah area. Cottage 2: 1 bedroom, recently refurbished.

There is an option for an additional 3rd cottage. Made possible by conversion of the the current 4 car garage with an independent office. The area has been designed to be able to easily split the garage the garage into a double garage and flat. The foundations, windows and electrical have all been laid out for the potential flatlet conversion.
The carport, garages and shed cater to your parking and storage needs.

The property's unique layout and generous proportions offer exciting possibilities for those seeking to build, expand, or develop. Additionally, at the bottom of the property on an entirely separate section of garden, there is a current 42m2 garage with toilet and shower and ceiling, making a very easy 4th cottage conversion. If wanted there is space to build this into a fully fledged house being entirely independent to the top house. All this adding even more value to an already stunning property investment. Imagine the opportunity to create an additional income stream or build a completely separate residence.

Centrally located and close to top schools and easy freeway access. Security is excellent, in a wonderfully secure neighbourhood, where the current owners have had no incidents in the 16 years they have lived there.

As a seasoned professional in the real estate industry, I can confidently say that this property represents a rare find in the market. Its strategic location, impeccable features, and potential for expansion make it an investment opportunity that stands head and shoulders above the rest.

Don't miss your chance to own a piece of Hillcrest – contact me today to arrange a private viewing and explore the endless possibilities that this property has to offer.