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5 Bedroom House For Sale in Mandalay

R1 490 000

Bedroom icon 5 4 92m2 510m2
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5 Bedroom House For Sale in Mandalay

Prime Investment Opportunity: 2-Bedroom Home with 3 Income-Generating Flatlets

Bedroom icon 5 4 92m2 510m2

5 Bedroom House For Sale in Mandalay

Prime Investment Opportunity: 2-Bedroom Home with 3 Income-Generating Flatlets

R1 490 000

Monthly Bond Payment: R

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  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
4 Bedroom icon 5 510m2

Features

  • Parking 7
  • Lounge 2
  • Flatlets 1
  • Pets Allowed
  • Burglar Bars
  • Security Gate
  • Kitchen
  • Garden
  • Kitchen - Extractor Fan, Stove
  • Living Room/lounge - Blinds
  • Outbuildings - 3x Self contained flatlets
  • Parking - Visitors Parking, Carport, Secure Parking
  • Security - Electric Gate, Security Gate, Burglar Bars
  • Special Feature - Driveway, Borehole

Description

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.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 427

Property Details

Web Ref RXBS-3352
Property Type House
Building Size 92m2
Erf Size 510m2
Bedrooms 5
Bathrooms 4

Contact Agent

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Vuyo Mack

Sales Associate

RE/MAX Property Associates (Pinelands)

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Enquiry about property Ref:RXBS-3352

R1 490 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Vuyo Mack

Sales Associate

RE/MAX Property Associates (Pinelands)

MessageCall me back Whatsapp
Book a viewing

Contact Vuyo Mack

Agent profile picture

Vuyo Mack

Sales Associate


RE/MAX Property Associates (Pinelands)

Show number

Show number

Enquiry about property Ref:RXBS-3352