- 3
- 2
- 2
- 3 900.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2000.00
Property description
Versatile Lambton Property: Family Home, Income Generator & Development Opportunity
Presenting a unique opportunity in the heart of Lambton, this expansive property offers a rare blend of comfortable family living, significant rental income potential, and future development prospects. Situated on a prominent business street, it benefits from excellent exposure and convenient access to local amenities, making it an ideal investment for discerning buyers.
The main residence features three well-proportioned bedrooms and two bathrooms, including an en-suite. The living spaces are thoughtfully designed with two open-plan lounges, complete with a cosy fireplace, and a dedicated dining room offering ample cupboard space. A functional kitchen and separate scullery cater to all culinary needs, ensuring a practical and inviting home environment.
Adding to its appeal, the property includes two independent cottages, each comprising a bedroom, lounge, kitchen, and bathroom – perfect for generating consistent rental income. An additional outside office building is currently leased to legal professionals, further enhancing the property's income stream. Ample parking is available with a double garage, a carport for two vehicles, and extensive additional parking space.
Set on a substantial 3900 sqm erf, this property is zoned for a residential complex, offering the potential to develop up to ten units. Security is well-addressed with CCTV cameras, electric fencing, burglar bars, and an access gate. While the swimming pool requires some attention, it represents a valuable asset for future enjoyment. Its prime location ensures proximity to schools, public transport, Lambton Gardens Mall, and major highways.
This property truly offers endless potential – whether you seek a family home, a robust income-generating asset, or a strategic development site. Contact us today to arrange a viewing and explore the myriad possibilities this exceptional Lambton property has to offer.
Key Features
- 3 Bedrooms, 2 Bathrooms (Main House)
- Two Income-Generating Cottages
- Rented Outside Office Building
- 3900 sqm Erf with Development Potential (Zoned for 10 Units)
- Double Garage & Carport for 2 Vehicles
- CCTV Cameras & Electric Fencing
- Swimming Pool (requires TLC)
- Prime Location on Busy Business Street
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Ensuite
- 2 Lounges
- 1 Dining Area
Property Features
- Pool
- Storage
- Pets Allowed
- Fence
- Access Gate
- Fire Place
- Entrance Hall
- Paving
- Garden
- Intercom
- Family TV Room
| Bedrooms | 3 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 3 900.0 m2 |
Contact the Agent
Zanele Kunene
Candidate Property Practitioner
