- 3
- 2
- 1
- 648 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 450.00
Property description
Property Overview
Main House:
- Bedrooms: 3
- Bathrooms: 2
- Living Areas: Open plan living, creating a spacious and versatile environment perfect for family gatherings and entertainment.
- Garage: Single garage
- Parking: Ample outside parking space for an additional 6 cars
Additional Income-Generating Units:
- Units: 4 x 1-bedroom units
- Income: Each unit generates R1200 per month, providing a total additional income of R4800 per month.
Key Features
- Open Plan Living: The main house features open-plan living areas, creating a seamless flow between the kitchen, dining, and living spaces. This design enhances the feeling of space and light.
- Garage and Parking: The single garage offers secure parking for the main house, while the additional parking space for 6 cars provides ample parking for tenants or guests.
- Income Potential: The four 1-bedroom units offer a significant income opportunity, making this property an excellent investment for those looking to supplement their mortgage or generate passive income.
Financial Overview
- Monthly Income from Units: R4800
- Potential Annual Income: R57,600
Investment Benefits
- Steady Rental Income: The additional units provide a consistent rental income stream, enhancing the overall financial viability of the property.
- Versatility: The property can serve as both a comfortable family home and an income-generating asset.
- Market Appeal: The ability to own a property whilst earning an income too, potentially increasing the property’s value over time.
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 1 Garages
- 2 Ensuite
- 1 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Pets Allowed
- Garden
| Bedrooms | 3 |
| Bathrooms | 2 |
| Garages | 1 |
| Erf Size | 648 m2 |
