R 3,300,000

R 3,300,000

Calling Investors for President Park Midrand
7
Bedrooms
6
Bathrooms
2
Garages
Active

Calling Investors for President Park Midrand

Web Ref. MPLS-5109
Land size 8565 m²
Floor size 550 m²
Monthly Bond Repayment
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Smallholding with Excellent Income Potential – President Park, Midrand Nestled in the heart of President Park, Midrand, this versatile smallholding offers the perfect blend of spacious family living and excellent rental income opportunity. The main residence boasts 3 generously sized bedrooms, 3 bathrooms, a dedicated study, and a double garage. The open-plan living areas flow effortlessly into a large entertainment area, perfect for hosting family and friends, with direct access to the sparkling pool – ideal for those warm summer days. In addition to the main home, the property includes three income-generating cottages: two one-bedroom units and one two-bedroom unit, currently bringing in around R36,000 per month in rental income – making this a smart investment opportunity. While the outer buildings could use a little TLC, the potential here is undeniable. Whether you're looking for a peaceful lifestyle with room to grow or a property with strong rental returns, this gem in President Park ticks all the boxes. Don’t miss out on this rare find – a property with both heart and income potential!

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 12200
Pet Friendly Yes
Occupation On Transfer
Levy R 50
Floor Size 550 m²
Property Tags
Country Living Smallholding Aluminium Roof Options Conventional Brick Steel Freestanding Level Road

Rooms

Bedrooms 7
Bathrooms 6
Kitchen 4
Domestic Rooms 1
Study Rooms 1
Lounges 4

Amenities

Garage 2
Swimming Pool Yes

Amenities

Dining Room Swimming Pool Garden Patio Secure Parking Covered Parkings

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.