Investor’s Dream, Massive Under-Roof Space, Serious Income Potential
With an impressive approximately 563m² under roof, this is a high-volume asset ideal for investors, developers, or renovators looking to unlock multi-income potential.
Current Configuration
Main dwelling (currently underutilised)
- 3 Bedrooms, 2 Bathrooms, Kitchen, Living Room, Entrance Hall and Atrium
- 3 existing self-contained units
- Mix of one-bedroom and two-bedroom units
- Multiple access points
- Excellent yard space for further development (subject to approvals)
The Opportunity
This property is not move-in ready — and that’s exactly where the value lies.
With renovation and reconfiguration, the possibilities include:
Conversion into a 3-bedroom, 2-bathroom main house PLUS additional rental units
Expansion to 4–5 income-generating units
Ideal for student accommodation, long-term rentals, or multi-family living
Location Value
Situated in a central, well-connected Edleen street, close to:
Major routes
OR Tambo precinct
Schools, shopping centres, and business hubs
This is the kind of location investors look for when building a sustainable rental portfolio.
Why This Makes Sense
- Large stand
- Exceptional square meterage
- Existing rental infrastructure
- Strong demand for accommodation in the area
- Priced to allow for refurbishment and upside
Important Note
This property requires extensive maintenance and renovation.
It is best suited to buyers who understand value-add investments and are ready to roll up their sleeves.
BONUS FEATURE: Borehole & 3 Phase Electricity
If you’re an investor looking for scale, location, and long-term return — this one deserves your attention
Features
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.