- 5
- 1
- 496 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 612.00
Property description
This neat and well-maintained home, thoughtfully converted into a multi-dwelling property, presents an excellent investment opportunity. The main house boasts five generously sized bedrooms, a beautifully modernized bathroom, and a spacious kitchen with ample room for meal preparation and dining. The layout is practical and comfortable, offering a warm living environment for the tenants. The interiors are well-finished, enhancing the overall appeal of the home while maintaining a clean and contemporary aesthetic.
Additionally, the property features three separate rooms situated outside, providing added rental options or space for extended family. One of these rooms includes an en-suite bathroom, offering extra privacy and convenience. The property currently generates a reliable rental income of R17,000 per month, with all tenants up to date on their payments, making it a hassle-free income-generating asset.
Convenience and security are key highlights of this home. The motorized gate ensures easy and secure access, while the spacious yard offers parking for at least five vehicles. Situated on a quiet street, the property is ideally located near schools, major routes, and other essential amenities. With pre-paid electricity in place, both owner and tenants benefit from efficient utility management. This versatile property is perfect for investors seeking a steady income or those looking to accommodate a large or extended family in a prime location.
Property Details
- 5 Bedrooms
- 1 Bathrooms
Property Features
- Staff Quarters
- Access Gate
- Kitchen
- Garden Cottage
- Paving
| Bedrooms | 5 |
| Bathrooms | 1 |
| Erf Size | 496 m2 |
