4 Bedroom House for sale in Lotus River

Prime Corner Plot Investment Opportunity!!! Unlock the potential of one of Lotus River`s most sought-after commercial corridors. Positioned on a prominent 1,000m² corner erf at the intersection of 5th Avenue and Lake Road, this versatile property presents an outstanding opportunity for investors, developers, entrepreneurs, or businesses looking to establish themselves in a high-visibility location. Surrounded by established businesses and enjoying excellent exposure to passing traffic, this property is perfectly suited for conversion into offices, consulting rooms, student accommodation, or a multi-tenanted income-generating investment. While the home would benefit from some updating and modernization, it`s true value lies in it`s exceptional location, generous accommodation, and endless development potential. Main Residence: The spacious main house offers four generously sized bedrooms, each featuring wooden flooring and comfortably accommodating a double bed. A large, well-appointed kitchen with built-in cupboards provides ample workspace and storage, while the private lounge, tucked away behind double doors, offers a comfortable space that could easily be converted into additional office space or consulting rooms with separate bathroom and toilet. One of the bedrooms enjoys its own private entrance to the front garden and includes a convenient kitchenette and en-suite bathroom, making it ideal as a private office, rental suite, or consulting room. Additional Income-Generating Accommodation: Adding further value to the property are two separate income-producing units: A self-contained one-bedroom separate entrance complete with its own kitchenette, shower and toilet. A separate two-bedroom sink cottage with it`s own bathroom, recently tenanted and can be further used for additional staff offices, storage facility or additional business use. All outbuildings are connected to the main property`s post-paid electricity supply. Outdoor Features: The property welcomes visitors with a charming front patio overlooking a beautifully maintained, lush green garden. The expansive grounds provide ample secure parking, a significant advantage for businesses, clients, tenants, or future development. Why Investors Should Consider This Property Prime corner position on 5th Avenue & Lake Road High visibility in an established business precinct Large 1,000m² erf Four-bedroom main residence Two additional income-producing dwellings Multiple kitchenettes and bathrooms Ample off-street parking Excellent potential for office conversion or mixed-use development Ideal for medical practices, attorneys, accountants, NGOs, training centres, day care facilities (subject to approvals), or multi-tenanted residential accommodation Strong rental income potential Close to public transport, schools, shopping facilities and major transport routes Investment Potential Properties of this size and location are becoming increasingly scarce. Whether your vision is to renovate, redevelop, establish your business headquarters, or maximise rental returns through multiple tenants, this property offers an exceptional opportunity to capitalise on a prime position in one of Lotus River`s busiest commercial nodes. Location. Exposure. Potential. This is more than just a home—it`s an investment with endless possibilities. Serious pre-approved buyers are welcome to contact Carmen Jacobs to arrange a private viewing and discover the full potential of this exceptional property. P.S. AI used to improve quality of some pics.

234 5th Avenue, Lotus River, Cape Town, Western Cape

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