OFFERING 2 Cottages And Loads More

R 1,475,000

Can I afford this?
2 months ago61 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):200
Description
Experience the Ultimate Investment Opportunity in Mayberry Park: 3 Homes in 1 Property

Unlock the potential of this remarkable property offering not one, but three separate living spaces, nestled in the sought-after neighborhood of Mayberry Park. Boasting a main house and two additional flatlets, this versatile property presents an exceptional opportunity for investors, extended families, or those seeking to generate passive income while enjoying the comforts of home.

Main House:

Step into the main house, where you'll discover two spacious bedrooms, a full bathroom, and a study, providing ample space for comfortable living. The open-plan layout seamlessly integrates the lounge, dining room, and spacious kitchen, creating a welcoming environment for relaxation and entertainment. Keep cool during warmer months with the added convenience of air conditioning in the lounge, ensuring year-round comfort for residents.

Flatlets:

In addition to the main house, this property features two flatlets, each offering two bedrooms and a shared bathroom, along with a lounge area. These self-contained units provide independent living spaces, ideal for extended family members, guests, or tenants seeking privacy and autonomy. Currently generating a total rental income of R 10,000 per month, these flatlets offer the potential for lucrative returns on investment, with the added convenience of pre-paid electricity meters for ease of management.

Outdoor Amenities:

Outside, the property boasts two double carports, providing covered parking for multiple vehicles, along with ample additional parking space for added convenience. Whether you're accommodating residents or tenants, this property ensures plenty of room for vehicles, ensuring ease of access and peace of mind.

Location:

Situated in the desirable neighborhood of Mayberry Park, this property offers proximity to a host of amenities, including shopping centers, schools, parks, and recreational facilities. With easy access to major roadways and public transportation routes, residents enjoy convenient connectivity to surrounding areas, making daily commutes and errands a breeze.

Investment Opportunity:

Whether you're looking to generate rental income, accommodate extended family members, or simply maximize the potential of your investment, this property offers endless possibilities. With three separate living spaces and a prime location in Mayberry Park, this is an opportunity not to be missed.

Don't miss your chance to own this exceptional property in Mayberry Park. Contact us today to schedule a viewing and discover the endless possibilities awaiting you in this versatile and lucrative investment opportunity.

Call your local area experts to book your private viewing today.
Chantelle & Nikita
Habibi Properties
Exceeding Expectations, Building Relationships, Making a Difference

NB: Concerted effort has been made to display the correct description, pictures, and information to this advert, however the ag...

Property Reference #: 2402298

Agent Details:
Nikita Oosthuysen
Habibi Properties
14 Budack Avenue
Alberton

Id Subtitle 1263766479
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Estimated monthly repaymentR 15,985
Total property loan amountR 1,475,000
Total interestR 2,361,324
Total repaymentR 3,836,324
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Habibi Properties
Selling for 3+ years
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