Sole Mandate presented by Siebert Stander.

Looking for a high-potential investment property with excellent rental income? This versatile property may be just what you’re looking for.

Currently leased and operating as a private school (La Montanara), this large 5-bedroom house was originally a residential home and offers a wealth of opportunity for investors.

The home features five spacious bedrooms, currently used as classrooms, a large open-plan area that previously served as the lounge, and two additional rooms used for storage. It also includes a fully equipped kitchen, one full bathroom with a shower, bath and basin, and five separate toilets. There is a garage with a flatlet above it.

Additional accommodation includes two separate one-bedroom flats, all of which are currently tenanted.

Outside, the property offers a large open yard area, currently used as a school playground. Some of the rooms are fitted with built-in cupboards and air conditioning.

The structure is solid, though the property does require urgent repairs and general maintenance, both inside and out.

Income is currently generated from the school and the three rental flats, making this an excellent opportunity to renovate and further increase the rental yield.

Don't miss out on this unique income-generating property. Contact us today to arrange a viewing or for more information.