R1,950,000
R1,950,000
Monthly Bond Repayment R20,795.38
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,200
INVESTMENT OPPORTUNITY - 3 BEDROOM HOUSE WITH FLATLET FOR SALE
Seize this fantastic investment opportunity in a sought-after area!
This property boasts a massive 1824 sqm stand, offering endless potential for expansion and development. The existing structures include a spacious 3-bedroom house and a fully functional granny flat, currently generating a solid rental income of R13,500 per month
Property Features:
1824 sqm of prime land, perfect for development
Main house with 3 comfortable bedrooms, ideal for a family or rental purposes
A self-contained granny flat, contributing to rental income
Secure property with ample space for further building and landscaping
Development Potential:
The real appeal of this property lies in its future development potential. Plans are already drawn to erect 8 additional units, transforming the property into a lucrative residential complex. This is a rare opportunity to maximize the value of this large stand and create a profitable multi-unit dwelling, ideal for rental or resale.
Why Invest Here:
High demand for residential units in the area
Potential to significantly increase rental income with the additional units
Ideal for investors looking to capitalize on the growing property market
Convenient location with access to schools, shops, and major transport routes
This is a golden opportunity for astute investors or developers to create a thriving residential complex in a prime location. Don’t miss out on the chance to turn this property into a high-yielding investment.
Contact us today to arrange a viewing or to learn more about this exciting investment prospect!
Features
Interior
Exterior
Sizes
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