PROPERTY SOLD AT AUCTION: 74 ERICA ROAD, HEATHERLANDS, GEORGE.

PRIME DEVELOPMENT OPPORTUNITY FOR THE EAGLE-EYED INVESTOR!

On offer by auction are two neighbouring stands, each just over 2000 m2 in size, measuring a total of 4124 m2.

The one stand is vacant, while the other has a large 5 bedroom home which is just over 500 m2 in size.

Both properties are to be auctioned off in one lot!

This creates an ideal opportunity for the astute investor who is looking to capitalize on the growing property boom in George.

The property is situated in the highly desirable suburb of Heatherlands with easy access to several amenities in close-proximity.

The Grand old home on the property requires cosmetic updating to bring it back to its best. The home consists of 5 bedrooms and 4 bathrooms (2 en-suite), lounge, dining area, large kitchen leading onto an indoor braai area, second lounge or office.
Additionally, the home has a large, covered deck overlooking the pool and garaging for 5 cars. A double garage abuts the home with a stand-alone triple garage situated in the corner of the stand.

The layout of the home and stand-alone triple garage also lends itself to creating a multi-unit lettable property, ensuring that an investor with vision maximizes their return.
The neighbouring vacant stand is level and offers development opportunities.
Countless opportunities with this fantastic property: Family home, Multi-unit rental property, small townhouse development or keep the home sell off the stand. Your imagination can really go to work on this gem!

Properties of this nature are few and far between, book a viewing and see the potential!