- 4
- 2
- 2
- 300 m2
- 888 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 800.00
Property description
The home, in need of maintenance and love, sits on a corner lot with great potential for conversion into separate rental units. Currently, the property features four bedrooms, but only one functional bathroom, a kitchen, dining room, family lounge, and an additional lounge. There is also a small flatlet with a bathroom, a double garage, an entertainment area, and a swimming pool that requires repairs. Despite its current state of disrepair, the layout of the house presents an opportunity for creative renovation and transformation.
With some tender care and renovation, this corner home could be transformed into a profitable investment with multiple rental units. The existing layout offers the potential to create separate living spaces for tenants, maximizing rental income. The property's four bedrooms, kitchen, dining room, and family lounges provide a solid foundation for the conversion project. Additionally, the presence of a small flatlet with a bathroom, a double garage, and an entertainment area adds value to the property. With the necessary repairs and upgrades, this neglected home could be revitalized into a lucrative rental property with great income-generating potential.
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Ensuite
- 2 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Pool
- Pets Allowed