R 1,875,000

R 1,875,000

Income Generating Property with Exceptional Versatility
4
Bedrooms
3
Bathrooms
3
Garages
Reduced

Income Generating Property with Exceptional Versatility

Web Ref. MPLS-5420
Land size 1410 m²
Floor size 250 m²
Monthly Bond Repayment
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This unique property offers a perfect blend of comfortable living and smart investment potential. The main house features three spacious bedrooms and two bathrooms, along with a welcoming dining room, lounge, and a functional kitchen complete with a scullery. From the kitchen, you can step directly into the entertainment area, which includes a built-in braai, perfect for hosting friends or family. The entertainment area is currently used as a bachelor’s flat, featuring its own electricity meter and gas geyser for full independence. In addition to the main home, the property also includes a one-bedroom flat, also equipped with its own electricity meter and gas geyser. Both the bachelor’s flat and one-bedroom flat come with individual carports, ensuring ample parking for tenants or guests. The property further offers two electric garages, an additional lock-up garage, and a tall 3.5m+ carport ideal for storing a motorhome, caravan, or boat with ease. With a total rental income of approximately R19 600 per month, consisting of R7 600 from the two flats and R12 000 from the main house, this property is an incredible opportunity for investors or large families seeking flexible living options. It’s a rare find that combines functionality, income potential, and practicality all in one address.

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 2000
Pet Friendly Yes
Occupation On Transfer
Floor Size 250 m²
Property Tags
Freestanding Level Road Tile Conventional Brick Steel

Rooms

Bedrooms 4
Bathrooms 3
Kitchen 2
Lounges 1

Amenities

Garage 3
Parking Spaces 7
Flatlet Yes

Amenities

Dining Room Family Tv Room Guest Toilet Flatlet Laundry Garden Patio Gas Geyser 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.