R1 450 000
Monthly Bond Payment: R
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Prime Investment Opportunity: 2-Bedroom Home with 3 Income-Generating Flatlets
5 Bedroom House For Sale in Mandalay
Prime Investment Opportunity: 2-Bedroom Home with 3 Income-Generating Flatlets
Monthly Bond Payment: R
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Sole and Exclusive:
Explore this fantastic property featuring a cozy 2-bedroom, 1-bathroom house alongside three self-contained flatlets, each equipped with its own kitchenette, bathroom, meter box, and geyser. With an impressive income of approximately R 11,000 per month, this property is perfect for investors or families looking to maximize rental income.
Property Highlights:
• Main House: Comfortable living space with two well-sized bedrooms and a modern bathroom.
• Self-Contained Flatlets: Three spacious flatlets, each providing privacy and convenience with their own kitchenettes and bathrooms.
• Strong Rental Income: Flatlets collectively generate about R 11,000 per month, ensuring a great return on investment.
• Individual Meter Boxes and Geysers: Efficient utility management for each flatlet, enhancing tenant satisfaction.
• Ample Parking: Sufficient space for all vehicles, plus additional parking available for visitors.
• Expansion Potential: Room to add more flatlets or further develop the property as desired.
• Borehole Water: Sustainable and cost-effective water source for the entire property.
• Remote-Controlled Gate: Added security and convenience with easy access.
• Carport: Ideal for parking and entertaining guests under a shaded area, perfect for gatherings.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 427 |
Web Ref | RXBS-3352 |
Property Type | House |
Building Size | 92m2 |
Erf Size | 510m2 |
Bedrooms | 5 |
Bathrooms | 4 |
Vuyo Mack
Sales Associate
RE/MAX Property Associates (Pinelands)
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Monthly Bond Payment: R