NEW
SOLE MANDATE
Web Ref RL4246
R4,300,000
Monthly Bond Repayment R42,210.66
Calculated over 20 years at 10.25% with no deposit.
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Monthly Rates
R2,500
R2,500
Prime Investment Property with Multiple Income Streams and Security.
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.
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.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
5
Flatlet
3
Pool
No
Sizes
Land Size
1,090m²
Extras
Alarm System; Backup Water; Bath, Toilet and Basin; Blinds; Carport; Carpets; Built In Braai; Cul-de-sac; Dishwasher Connection; Electric Fencing; Burglar Bars; Built in Wardrobes; Fibre; Electric Gate; Curtain Rails; Driveway; En Suite; Eye Level Oven; Extractor Fan; Flatlet; Freestanding; Garbage Disposal; Hob; Jacuzzi Bath; Laundry; Granite Tops; Landscaped; Lighting; Open Plan Kitchen; Oven And Hob; Outdoor Beams; Pantry; Paveway; Residential; Storeroom; Shower, Toilet and Basin; Gas Hob; Tiled Floors; Totally Fenced; Wooden Floors; Washing Machine Connection; South; Waterproofing; Modern; Aluminium Window; Steel; Solar Panels; Gas Geyser; Water Tank; Backup Battery/Inverter
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Ashlin Anirudh
Candidate Property Practitioner Registered with PPRA(FFC 1240217) Show number View my listings WhatsApp