• 6
  • 4
  • 2
  • 1 388.0 m2

Monthly Costs

Monthly Bond Repayment ZAR .

Calculated over years at % with no deposit. Change Assumptions

Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a Bond

Bond Calculator

R
R
%
years
R


BetterBond

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 1170.00

Property description

A spacious and well-maintained family home offering comfortable living, excellent versatility and the added benefit of two separate flatlets. With potential rental income of approximately R16,000 per month from the main house and both flatlets combined, this property is an attractive opportunity for investors or buyers looking to supplement their bond repayments with rental income.

MAIN HOUSE:

3 Bedrooms with built-in cupboards
2 Bathrooms, including a full main en-suite
Spacious kitchen with separate scullery and laundry
Formal lounge
Separate dining room
Cosy TV room
Double garage
Double carport
Secure additional parking for visitors

FLATLET 1 - TWO BEDROOMS

2 Bedrooms with built in cupboards
1 Bathroom
Separate toilet
Kitchenette
Living area
Prepaid electricity meter
Separate water meter

FLATLET 2 - ONE BEDROOM

1 Bedroom
1 Full bathroom
kitchenette
Prepaid electricity meter
Separate water meter

OUTSIDE FEATURES

Neat garden
Private courtyard
Wendy house for garden tools and storage
Swimming pool currently not in use and requiring repairs

INVESTMENT POTENTIAL

Estimated rental income from the main house: R8,000 or more per month
Estimated combined rental income from both flatlets: R8,000 per month
Total Potential Rental income: R16,000 or more per month
Munisipal Rates plus basic expences: R2080
Separate prepaid electricity and water meters for both flatlets to assist with utility cost management
Rental Yield: +- 12%

An excellent opportunity to own a versatile property with multiple rental income streams! Whether you are looking for a spacious family home with additional income or an investment property with long-term potential, this property is well worth viewing.

Contact STELLA today to arrange a viewing.  

Property Details

  • 6 Bedrooms
  • 4 Bathrooms
  • 2 Garages
  • 2 Ensuite
  • 3 Lounges
  • 1 Dining Area

Property Features

  • Laundry
  • Pets Allowed
  • Access Gate
  • Alarm
  • Kitchen
  • Garden
  • Family TV Room