This Two Bedroom Double Storey House with a Double Storey Outbuilding for sale in Sunford Phoenix

R 1,199,000

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12 days ago111 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):3
Size (sqm):165
Parking:Covered
Description
This remarkable 2-bedroom duplex, accompanied by a double-storey outbuilding, presents an exciting opportunity for prospective buyers in the sought-after Sunford Phoenix area.Strategically located, this property is not only an ideal home but also promises additional income potential in a prime location.
The duplex layout offers an ingenious income-generating option – live in one of the two properties and rent out the others to offset your mortgage payments. The strategic positioning of the home on the main road makes it an excellent business property, perfect for those seeking a dual-purpose investment.
Situated in close proximity to the renowned Phoenix Plaza, shopping malls, schools, garages, and the local police station, this property serves as a convenient business hub. Its accessibility and proximity to essential amenities make it an attractive location for starting or expanding a business.
Investors will find a lucrative opportunity to rent out all three units and even explore the possibility of adding more units to further maximize returns. The bond taken for the property can potentially be covered by the rental income generated from existing tenants.
The main duplex features a welcoming lounge that seamlessly flows into the kitchen, equipped with built-in cupboards, a guest toilet, and a pantry. Upstairs boasts two spacious bedrooms, one with built-in cupboards, and a bathroom with a shower. An open courtyard with a wash tub adds to the property's charm.
The double-storey outbuilding consists of two separate units. Outbuilding 1 comprises an open-plan lounge and kitchen with cupboards, leading to a passage that connects to a toilet, bathroom with a shower, and a spacious bedroom. Outbuilding 2 features a kitchen, with a passage leading to the bedroom, toilet, and bathroom with a shower.
All three buildings are equipped with pre-paid electricity for added convenience. The property is fully walled with security gates, ensuring a secure environment. Parking for two vehicles is available, with two entrances and the potential to create additional parking spaces at entrance two. Currently, two tenants occupy the property.
With a touch of creativity, this property can be transformed into cozy homes or further developed to meet various lifestyle and business needs.
Schedule an appointment to view and explore the endless possibilities that this unique property has to offer. Call now to secure your opportunity!

Property Reference #: 7002001-17994

Agent Details:
Lorraine Chinnah
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274220286
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Estimated monthly repaymentR 12,994
Total property loan amountR 1,199,000
Total interestR 1,919,476
Total repaymentR 3,118,476
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