R 3 995 000 | House for Sale in New Park

40 Black Street, New Park, Kimberley

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Erf Size: 1 100 m²

Exciting Investment Opportunity – Perfect for Immediate Return on Investment and Future Growth!

Introducing a fabulous investment property, a true gem that offers endless possibilities for savvy investors!
This property boasts a 2-bedroom, 1-bathroom house, 8 bachelor flatlets, and 2 one-bedroom flatlets, each designed for maximum return on investment.

Features include:
• 2-Bedroom House: Spacious, well-maintained, and perfect for comfortable living or as a potential owner-occupied space while the rest of the property generates rental income.
• 8 Bachelor Flatlets: Ideal for single professionals or students, these compact, self-contained units offer excellent rental yield.
• 2 One-Bedroom Flatlets: Perfect for tenants seeking more space, these flats are ideal for long-term or short-term rentals.
• Approved Plans: The property comes with approved plans for the current structures as well as plans for expansion or renovation, providing an opportunity to increase rental income and further enhance the property's value.
• Ample parking.
• 3-phase electricity.

Nestled in a prime location, this property is within easy reach of local amenities, a stone’s throw from Sol Plaatje University, and key areas of demand. Whether you are looking to expand your property portfolio or start your investment journey, this property is the perfect opportunity to maximize your returns.
Don’t miss out on this rare offering! Get in touch today to schedule a viewing and secure your next smart investment.
Contact us now!