R2,750,000 | 5 Bedroom House For Sale in Colbyn

This spacious and versatile property is situated in the heart of Colbyn, an area renowned for its jacaranda-lined streets and large, peaceful properties. Despite its tranquil atmosphere, the location offers the convenience of being within walking distance of restaurants, shopping centres, and major traffic avenues. During the blooming season, the streets come alive with a stunning purple spectacle, making Colbyn one of the most picturesque suburbs in the area.

A Prime Investment Opportunity:

This property is an exceptional investment opportunity, boasting zoning that accommodates a variety of uses. Whether you're in search of a spacious family home, income-generating rental units, or a location for a commercial venture, this property’s versatility allows it to meet a wide range of needs.

Ample Development Potential:

The property is perfectly sized for development, with special rights allowing the construction of up to three storeys. This feature further enhances its potential for both residential and commercial applications, adding to its investment appeal.

Main House Features:

Currently configured as a spacious family home, the main house is ideal for living and operating a business on the same property. It is perfectly positioned near the University of Pretoria and business hubs, making it an excellent choice for student accommodation, rental rooms, or working professionals. The house comprises five spacious bedrooms with built-in cupboards, a secure entrance, an entrance hall, a lounge, a dining room and beautiful kitchen, a large study (perfect for a home office), three bathrooms, and a veranda/patio. The large outside kitchen offers the potential to be transformed into an industrial kitchen, and adjacent bathroom facilities complement the courtyard area.

Versatile Living Options:

Alternatively, the property can be utilized as a five-bedroom home with two separate one-bedroom flatlets. Each flatlet has a private entrance, offering excellent potential for rental income. ??Flatlet 1 features an en-suite bedroom, a spacious lounge, a kitchen, and a dining area. Flatlet 2 includes an en-suite bedroom and a large living area, with fittings ready for kitchen installation.

Additional Amenities:

The property offers practical amenities, including an additional outside kitchen, toilets, and staff quarters. Historically, this space was used as a tea restaurant area, showcasing its adaptability for commercial use.

Back Garden:

A well-maintained, serene garden enhances the property. The secluded courtyard, shaded by mature trees, provides a tranquil atmosphere. This space, combined with the covered patio, outside kitchen, and bathroom facilities, is perfect for a tea garden, home industry, or restaurant.

Flexible Zoning and Usage:

Zoning for the property supports a diverse array of purposes. Residential options include uses as a guest house, commune, retirement centre, or backpackers’ accommodation. Commercial and institutional uses span from childcare centres and beauty parlours to offices and restaurants. Recreational and specialized uses include sports facilities and veterinary clinics.

Infrastructure and Security:

The property includes approved plans and a strong borehole. Fibre internet is installed, and security features include burglar bars, security doors, and ADT armed response services, ensuring peace of mind for residents and visitors.

Proximity to Key Locations:

The location is conveniently near major transportation hubs, such as the Gautrain station and Gautrain bus routes, enhancing accessibility for commuters.

Access to Educational Institutions:

Prominent educational institutions, including the University of Pretoria, Loreto Private School, Eduplex, and Queenswood Primary, are a short distance away, adding further appeal for families and potential renters.

Nearby Leisure and Amenities:

Colbyn offers proximity to recreational and lifestyle facilities, such as the various restaurants, Medical Centres and shopping complexes. This adds significant value to the lifestyle this property can offer.

This property presents a rare chance for versatile living or business use in a prime location with wide-ranging zoning possibilities. Whether you’re looking for a spacious family home, a source of rental income, or a commercial venture, this property is designed to accommodate your needs.

Call for a viewing appointment and make your offer.