- 3
- 2
- 1
- 648 m2
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Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
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 |