Property description
This exceptional 1090sqm investment opportunity perfectly situated in a prime location, offering both immediate rental income and long-term growth potential. This meticulously maintained property features three fully self-contained rental units and an additional private living space used by the current owners. The main residence boasts a spacious, open-plan living area with stylish slate tiles flowing into a modern kitchen fitted with granite countertops, melamine cupboards, a gas hob with extractor fan, and an eye-level oven. It includes 4 bedrooms and 2 bathrooms, with the master bedroom featuring a glass-enclosed ensuite with a jacuzzi-style jet bath, built-in cupboards, and direct outdoor access. The property is equipped with an inverter system, lithium batteries, solar panels, and a JoJo water tank, ensuring reliable power and water security. Outdoor amenities include a built-in braai area perfect for entertaining, along with plentiful parking via 4 sturdy carports, a dedicated laundry room, and an outdoor storage shed. Security is comprehensive, featuring an electric fence, electric gate, and alarm system, while an approved tenant plan offers additional income potential.
The investment is further enhanced by three well-designed rental units. Unit 1 offers a grand entrance leading into an open-plan living and kitchenette area, complemented by two bedrooms, a bathroom, and a private patio. Unit 2 features a tiled living space with an open-plan kitchen, one bedroom with built-in cupboards, a full bathroom, and its own private patio. Unit 3 is a spacious one-bedroom unit with a well-sized kitchen equipped with a gas stove, a full bathroom, and a stylish folding sliding door that provides seamless indoor-outdoor living. Serviced by a gas geyser for efficient hot water, this unit combines comfort and style, making it highly attractive to tenants. Overall, this property delivers an outstanding opportunity for investors seeking a versatile, secure, and profitable asset in a sought-after location.
- Flatlet
- Store Room
- Patio
- Freehold
- Security Features
- Pets Allowed
- Flooring: Tiles
- Walling: Fully Fenced, Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
