Description
Investment Opportunity: Spacious 10-bedroom Double-Story Home in Colorado Park, Mitchell's Plain
Explore this expansive double-story home in Colorado Park, Mitchells Plain, perfect for student accommodation and community organizations! Featuring 10 bedrooms, 4 bathrooms, 2 kitchens, a lounge, dining room, and guest toilet. Covered parking for 3 vehicles and additional uncovered parking. This property offers versatile rental potential. Each room can generate up to R2500 in rental income, presenting a fantastic opportunity for investors.
Explore this versatile property offering two distinct sections for sale:
Section 1 - Main House:
- Price: R 1,495,000.00
- Spacious 7-bedroom family home
- Newly renovated with 3.5 bathrooms
- Downstairs: Separate lounge with fireplace, open-plan dining room, farm-style kitchen
- High wooden ceilings, tiled floors, guest toilet
- Two large bedrooms downstairs (one en-suite), additional room
- Upstairs: Four generous-sized bedrooms (one en-suite with balcony), family bathroom
- Enclosed yard with drive-through tandem garage/carport (4 cars), secured by high walls with razor wire
Section 2:
- Price: R 500,000.00
- Three bedrooms, kitchen, bathroom
Located near malls, schools, hospitals, and places of worship, this property presents an excellent investment opportunity or an ideal home for a large or extended family. Take advantage of this dual-section property - inquire now for more details or to schedule a viewing!
Don't miss out—capitalize on this ideal property for student living and community initiatives! Call us today!
Approximate rates per month - R1200.00
Approximate erf size - 469sqm
10
1
469m2
