ref # 1253

 ref # 1253

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R 1 290 000 (61 870 EUR*)

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3
3
2
2
4
± 900 m2

Property Features
Fibre Internet
Access Gate
Alarm
Built In Cupboards
Dining Room
Family/TV Room
Fence
Free Standing
Garden
Garden Cottage
Kitchen
Laundry
Lounge
Main Ensuite
Patio
Paving
Pets Allowed
Pool
Solar Geyser
Study

Large family home with 2 flatlets

HOUSE OF THE WEEK!
Price: R1,290,000

This stunning family home in Groeneweide is a savvy investor's DREAM COME TRUE! With 2 x 1-bedroom flats, it's a GOLDMINE of rental income potential!

Rental Income:

- 1st flat: R3,500 per month
- 2nd flat: Potential rental income of R4,500 per month

Bond Repayment:

- Loan amount: R1,290,000
- Interest rate: 10.75%
- Loan term: 20 years

Monthly Bond Repayment:

Approximately R13,096 per month.

Out-of-Pocket Expense:

With potential rental income of R8,000 per month, you'll only need to cover R5,096 per month from your own pocket!

Main House Features:

- Spacious lounge, dining room, family room, and study
- Modern melamine-fitted kitchen
- 3 bedrooms with built-in cupboards (BIC)
- 3 bathrooms, including 2 main ensuites (MES)
- Laundry

Income-Generating Flat:

- 1 bedroom flat with tiled lounge and open-plan fitted kitchen
- Large bedroom with ample built-in cupboards (BIC)
- Modern tiled bathroom with shower

Additional Features:

- Double lock-up garages
- Carport
- Sparkling swimming pool
- Lovely established garden
- Shadeports
- Very secure

GREAT BUY with Income Potential!:

Don't miss out on this fantastic opportunity to own a beautiful family home with a lucrative flat. Contact us today to schedule a viewing!



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