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Loerie Park, Loerie Park, George, Western Cape
R 4 498 000
High-Yield Investment Opportunity in Loerie Park Dual-Tenant Property with Expansive Floor Size This exceptionally spacious property in the heart of Loerie Park is a rare find, offering high rental yields with two separate tenants already in place. Spanning an impressive 475m2 of floor space on a 1,079m2 erf, this home is perfect for investors looking for immediate returns or homeowners seeking a versatile dual-living setup.The property is smartly partitioned into two sections. The main house features three oversized bedrooms and three bathrooms, offering ample space and comfort. A highlight of this section is the light and airy upstairs kitchen, complete with Caesarstone countertops and a modern design, creating a stylish and inviting cooking space. The open-plan layout enhances the sense of space, making it ideal for family living and entertaining.The separate flat is a fully self-contained unit, featuring two spacious bedrooms, two bathrooms, an open-plan living area, and its own kitchen. This setup ensures privacy and independence for tenants, making it a fantastic rental opportunity.Adding to its appeal, the home boasts large, well-lit rooms throughout, creating a bright and welcoming atmosphere. A spacious double garage provides ample parking and storage space, a sought-after feature in this area. The property is also low-maintenance and comes equipped with three water tanks, enhancing water efficiency and sustainability.Situated on a popular and convenient street, this home is just moments away from the Garden Route Dam, offering scenic surroundings and access to beautiful nature trails. The location also provides easy access to essential amenities, making it a highly desirable place to live.Dont miss out on this high-yield, income-generating property in one of Loerie Parks most sought-after locations! Show more Show less
Estimated monthly repayment
R 42 476
on a R 4 048 200 bond over 20 years at 11.25%
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Loerie Park, Loerie Park, George, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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