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Four Full-Title Properties on Lynch Street: Two Homes and Two Stands

ZAR 2,150,000~€115,073
  • 8 Bedrooms
  • 4.5 Bathrooms
  • ~631 m² Living area
  • ~2,400 m² Plot surface

Description

Secure four full-title erven on one street in a single transaction: two established homes and two predominantly vacant building stands, with a combined extent of approximately 2,400 m². The Homes House 1 – 603 m² (4 Bedroom, 2 Bathroom home with a double-garage) House 2 – 599 m² (currently tenanted) ( 4 Bedrooms, 2.5 Bathrooms + a study ) House 2 also includes a 2 bedroom, 1 bathroom flat at the back. Each erf includes an older home that can be retained as a rental, so the package can earn an income while the vacant stands are held or developed. Updating either home may further lift its rental appeal and resale value. The Building Stands Stand 1 – 599 m² Stand 2 – 599 m² corner stand Both stands are predominantly open ground, with only a small structure on Stand 1, so limited clearing should be required before development. As a corner stand, stand 2 has two street frontages, which may allow greater flexibility for site layout and access, subject to planning and municipal approval. Location Barkly Road shops are approximately 150 metres away and a primary school is within approximately 200 metres, so tenants and families can reach both on foot. The police station is less than 1 kilometre away. Property Details - Four full-title erven - Extents: 603 m², 599 m², 599 m² and 599 m² - Combined extent: approximately 2,400 m² - Offered only as one four-property package Contact us to arrange a viewing.
Features
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Engel & Völkers Kimberley

Your advisor: Melvin Geldenhuys

Property ID: ENV227722

Property details
  • Property type

    House

  • Bedrooms

    8

  • Bathrooms

    4.5

  • Garages

    4

  • Living area

    ~631 m²

  • Plot surface

    ~2,400 m²

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