Rare Investment Opportunity – Two Adjacent Homes Generating R75k p/m
updated on Mar 05, 2026
R 9 997 000

WEB REF: 763350

Property Summary
  • Selling Price R 9 997 000
  • Property Type House
  • Erf Size 2842 m2
  • Rates & Taxes R3374.00


  • Beds 8
  • Baths 4
  • Garages 10
Description

High-Yield Investment Opportunity – George South Exceptional investment opportunity in the sought-after George South, ideally located close to York Street and York High School. This rare offering includes two adjacent freestanding homes on separate title deeds, sold together as one investment. Key Features: Combined land size: ±2,842 m² 8 Bedrooms | 4 Bathrooms across both homes Currently used as student accommodation Generates ±R75,000 rental income per month Lease in place with Nelson Mandela University (George Campus) from Feb 2026 – Nov 2026 Zoned Single Residential 1 with excellent future development potential (subject to approval) Property Breakdown Meade Street House 4 Bedrooms 2 Bathrooms 2 Separate toilets Potential to expand and increase yield Palgrave Street House 4 Bedrooms 2 Bathrooms Large shed The property is fully fenced and offers strong immediate income with long-term growth potential in a high-demand rental area. All offers welcome.

Additional Features
      Property Address

      9, Meade, Western Cape, George

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