Restore the Character – Unlock the Potential – Reap the Rewards

ZAR 999,000
  • 3 Bedrooms
  • 2 Bathrooms
  • ~593 m² Plot surface

Description

Positioned on a generous 1548m² stand in College Hill, this property presents an excellent entry-level investment opportunity with scope to restore, modernize and increase long-term value. This character-filled home offers an opportunity for buyers with vision to renovate, reconfigure and unlock its full potential. This fixer-upper welcomes you through an enclosed front yard onto a raised, covered veranda framed by pillars—a charming introduction to a home that offers both space and flexibility for transformation. Upon entering, you are greeted by original wooden flooring (requiring restoration), high ceilings and archway features that speak to the home’s initial character. A spacious, light-filled formal lounge, currently utilized as a bedroom, offers excellent versatility and could easily serve as a work-from-home office, reception space and/or living area. A bedroom is positioned opposite, with both rooms ready for modern upgrades to suit the discerning buyer’s needs. Flowing through the home is a central dining area, connecting to an extended section of the property that presents an opportunity to create a separate bachelor-style living unit with its own entrance. With minor separation works, this space could become ideal for rental income, extended or multi-generational family accommodation, or alternatively a studio, gym, hobby room or home office suite. Toward the rear of the home lies the kitchen with a scullery and a separate walk-in pantry, maintaining the practical layout typical of homes from this era. Adjacent to the kitchen is a bathroom with an open shower, while the main bedroom includes an en-suite bathroom and space allocated for laundry convenience. Existing shelving can easily be adapted to accommodate built-in cupboards according to the new owner’s design vision. Additional features include: - Three water tanks - Pump system supporting pressure to the newer bathroom - Separate backyard flatlet comprising a living area, bedroom, kitchen, bathroom (shower, basin, and toilet) and an additional flexible room suitable as a children’s room, games room, kitchenette extension or storage space—presenting income-generating potential - Three garages (double garage and single garage) - Covered area behind the double garage ideal for a caravan, play space, or outdoor entertainment area - Enclosed front yard - Covered veranda entrance - Separate entrance potential for additional income-generating accommodation This property will particularly appeal to renovators, investors, entrepreneurs or buyers looking to customize a home with flexible living or business-use possibilities. Whether your goal is to flip, modernize for personal living, generate rental income or create a new work environment, this property offers the foundation and exceptional scope to add value. A rewarding opportunity awaits the discerning buyer ready to bring new life to this character home. Viewings available by appointment. Disclaimer: All information is provided in good faith. While every effort has been made to ensure accuracy, no responsibility will be accepted for any errors or omissions.
Features
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Engel & Völkers Port Elizabeth

Your advisor: Michelle Barker

Property ID: ENV210838

Property details
  • Property type

    House

  • Bedrooms

    3

  • Bathrooms

    2

  • Garages

    3

  • Plot surface

    ~593 m²

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