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This multi-unit property features a collection of well maintained apartments, each offering a steady stream of rental income. Whether you're a savvy investor or looking to maximize your property's portfolio, this property promises a reliable cash flow. 

Strategically located in a prime area that is in need of more senior care homes, retirement estate and frail care facilities and this property has the potential to provide that, so it would suit the aspiring investor who is keen on expanding in different fields or an existing facility that needs a second location. There is even space to build an on site laundry! 

  • Includes a Residential house and on an adjoined Erf with Commercial apartments
  • Main house : 3 bedrooms, 3 bathrooms and 2 flatlets with their own bathrooms
  • At the Wellington House Property, which has commercial rights, there are 17 Apartments in total, a mix of 9 batchelor and 8 x 1 bedroom apartments
  • Gas geysers throughout for tenant's expense
  • Pool
  • Secure with security gates right around
  • Space to add laundry
  • Potential to convert into Seniors home or Frail care centre
  • Secure parking available

Viewings strictly by appointments due to the nature of the business.

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Updated on December 5, 2023 at 3:01 am

  • Reference #: 1355478
  • Price: R8,950,000
  • Suburb / Town: Wellington
  • Property Type: House
  • Bedrooms: 22
  • Bathrooms: 22
  • Stand Size: 2384.0 ㎡
  • Rates & Taxes: R 2105

Key Property Features

  • Pets Allowed
  • Pool
  • Separate Flatlet

Additional Features

  • Garden:1

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