Web Ref RL8927
R2,999,999
Monthly Bond Repayment R31,477.66
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R2,003.90
R2,003.90
8-Bedroom Double-Storey Home with Income-Generating Returns
This expansive double-storey home offers exceptional versatility, making it an ideal investment opportunity or a perfect choice for a large family. Conveniently located near places of worship, Sandringham Spar, and the Silver Crest Centre, this property blends accessibility with space and charm.
The property features two separate entrances and a well-established front and back garden, providing privacy and ample outdoor space for relaxation or entertainment. Divided into three distinct sections, the layout is designed to cater to diverse living needs while offering a substantial rental income.
Section 1: Duplex
The first section is a charming duplex with a cozy yet spacious feel. The ground floor comprises a lounge, dining room, kitchen, and a study—ideal for working from home or additional living space. Upstairs, you’ll find three comfortable bedrooms and a shared bathroom, making it perfect for a small family or group of tenants.
Section 2: Upstairs Apartment
The second section is a modern upstairs apartment with two bedrooms and two bathrooms, including a main ensuite. The open-plan lounge and dining area flow seamlessly onto a large, rooftop-style balcony, perfect for entertaining or enjoying tranquil evenings. The kitchen is conveniently located, offering easy access for everyday living.
Section 3: Downstairs Main Section
The main section of the house, located downstairs, boasts a large lounge and dining room that open onto the lush garden. It includes a well-appointed kitchen and three bedrooms, two bathrooms, with the main bedroom featuring an ensuite. This section is perfect for larger families or tenants looking for spacious living.
Currently, all three sections are rented out to long-standing tenants, generating an approximate monthly rental income of R30,000. For investors, this income can significantly offset bond repayments and rates, making it a financially appealing option.
For families, the layout and size of this home provide an abundance of space and privacy, ensuring every member has their own retreat while maintaining a cohesive family environment.
Don’t miss this opportunity to own a versatile property in a thriving community close to essential amenities. Whether you’re looking for an investment or a spacious family home, this house offers incredible value.
Contact us for an exclusive viewing.
The property features two separate entrances and a well-established front and back garden, providing privacy and ample outdoor space for relaxation or entertainment. Divided into three distinct sections, the layout is designed to cater to diverse living needs while offering a substantial rental income.
Section 1: Duplex
The first section is a charming duplex with a cozy yet spacious feel. The ground floor comprises a lounge, dining room, kitchen, and a study—ideal for working from home or additional living space. Upstairs, you’ll find three comfortable bedrooms and a shared bathroom, making it perfect for a small family or group of tenants.
Section 2: Upstairs Apartment
The second section is a modern upstairs apartment with two bedrooms and two bathrooms, including a main ensuite. The open-plan lounge and dining area flow seamlessly onto a large, rooftop-style balcony, perfect for entertaining or enjoying tranquil evenings. The kitchen is conveniently located, offering easy access for everyday living.
Section 3: Downstairs Main Section
The main section of the house, located downstairs, boasts a large lounge and dining room that open onto the lush garden. It includes a well-appointed kitchen and three bedrooms, two bathrooms, with the main bedroom featuring an ensuite. This section is perfect for larger families or tenants looking for spacious living.
Currently, all three sections are rented out to long-standing tenants, generating an approximate monthly rental income of R30,000. For investors, this income can significantly offset bond repayments and rates, making it a financially appealing option.
For families, the layout and size of this home provide an abundance of space and privacy, ensuring every member has their own retreat while maintaining a cohesive family environment.
Don’t miss this opportunity to own a versatile property in a thriving community close to essential amenities. Whether you’re looking for an investment or a spacious family home, this house offers incredible value.
Contact us for an exclusive viewing.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
5
Kitchen
3
Reception Rooms
6
Study
1
Furnished
No
Exterior
Garages
1
Security
Yes
Parkings
8
Pool
No
Sizes
Floor Size
450m²
Land Size
1,338m²
Extras
Balcony; Built in Wardrobes; Patio; Electric Fencing; Gas Hob; Security
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Chadd Silver
Candidate Property Practitioner Registered with PPRA(FFC 1225636) Show number View my listings WhatsApp
