R2,190,000
Monthly Bond Repayment R23,354.81
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,500
3 Bedroom house with a 2 Bedroom flat for Sale
Investment Opportunity: Spacious 3-Bedroom House with 2-Bedroom flat on Large Stand
This versatile property, located in a highly sought-after area, offers a unique investment opportunity. Comprising a 3-bedroom house and a 2-bedroom flat, this house is ideal for generating rental income and the stand holds great potential for future development.
Main House:
Bedrooms: 3 bedrooms, with main bedroom en-suite.
Bathrooms: 2 Bathrooms
Living Spaces: Open-plan living and dining area, perfect for family gatherings and entertaining.
Study: Open-plan study room
Kitchen & Scullery: Functional kitchen with plenty of storage space and a scullery
Additional Features: Double enclosed garage providing secure parking for two vehicles.
Flat:
Bedrooms: 2 comfortable bedrooms.
Living Spaces: Cozy living area.
Kitchen: Compact kitchen with essential appliances. and decent storage space
Bathrooms: 1 Full bathroom.
Exterior and Additional Features:
Outside Patio with swimming pool: The front house has a spacious entertainment area with a swimming pool and space for a built-in bar
Stand: Expansive stand with significant development potential, suitable for additional flats or even a complex block.
Yard: Enclosed yard offering privacy and a safe space for children and pets.
Tenancy: Both properties are currently tenanted, ensuring immediate rental income for the new owner.
Potential:
While the property requires some maintenance and updates, it presents a fantastic opportunity for investors. With a bit of refurbishment, this property can achieve higher rental returns. Moreover, the large stand allows for future expansion, making it an excellent long-term investment.
Location:
Situated in a prime location, this property benefits from proximity to local amenities, schools, and transport links, enhancing its appeal to potential tenants and homeowners.
Don’t miss out on this rare chance to secure a property with immediate rental income and significant future development potential. Contact us today for more information or to arrange a viewing.
Features
Interior
Exterior
Sizes
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