Cambridge · House For Sale
2 Bedroom House For Sale in Cambridge
- R 995,000
- 2 bd
- 1 ba
- 917 m²
This investment property presents a fantastic opportunity for investors looking for a versatile and high-potential asset. Boasting a current rental income of 5k, the property's location adjacent to schools, shops, and highway access adds tremendous value and ensures a consistently sought-after rental market.
Inside the property, you'll find two bedrooms, offering comfortable living spaces for tenants. Additionally, there is a well-appointed bathroom, providing convenience and functionality. The lounge area serves as a central gathering point and a place for relaxation and entertainment.
Beyond the dwelling's interior, the real value of this investment lies in its substantial plot size of 917m. With ample space available, there is immense potential to convert this property into a thriving commercial space, perfectly positioned to benefit from its location with bustling traffic.
The neighboring schools make this property an attractive living option for families, providing a steady stream of potential tenants seeking proximity to educational institutions. The nearby shops further enhance desirability by providing convenience and access to essential amenities and services.
In addition to the location benefits, the property's highway access ensures easy and efficient transportation for both residents and businesses. This connectivity expands the pool of potential customers for future commercial endeavors on the converted premises, maximizing profitability.
Investing in this property promises not only a lucrative rental income stream but also the potential for substantial growth and return on investment through converting the generous plot into a high-traffic commercial property. With its two bedrooms, one bathroom, and a comfortable lounge area, this property offers a solid foundation for both residential and commercial success, making it a wise and lucrative investment opportunity.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Cambridge, East London
- Price
- R 995,000 · Get Pre-Qualified
- Price per m²
- R 1,085
- Erf Size
- 917 m²
- Bedrooms
- 2
- Bathrooms
- 1
- Garages
- 1
- Pet Friendly
- Yes
Map & Nearby
Price Trends · Cambridge, East London beta
Select filters to see average property values
The current average sales price for a 3 bedroom property in Cambridge on ImmoAfrica.net is R 1,391,208
The current average rental price for a 3 bedroom property in Cambridge on ImmoAfrica.net is R 9,000
The current average sales price for a 4 bedroom property in Cambridge on ImmoAfrica.net is R 1,564,667
The current average sales price for a 5 bedroom property in Cambridge on ImmoAfrica.net is R 1,698,333
The current average sales price for a 2 bedroom property in Cambridge on ImmoAfrica.net is R 945,000
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Currently, there is not enough data to give you an estimated price. Please check back soon.
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Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 945,000 | |
3 Bed | R 1,391,208 | R 9,000 |
4 Bed | R 1,564,667 | |
5 Bed | R 1,698,333 |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 1,031 | |
3 Bed | R 3,826 | R 43 |
4 Bed | R 1,925 | |
5 Bed | R 1,717 |