Prime Investment: One House, Two Cottages

R 2,000,000

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2 months ago54 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):284
Parking:Covered
Description
Main House:
Nestled within serene surroundings, this main house offers a splendid retreat with its separate layout from the two cottages. Featuring a captivating front patio enveloped by a tranquil garden, as well as an inviting open back patio, it's an ideal space for entertaining.
• Two bedrooms with ensuite bathrooms, complemented by a guest toilet. Expansive lounge and dining areas, enhanced with American shutters.
• Kitchen equipped with melamine countertops, electric oven, gas hob, and extractor, with space for two under-counter appliances.
• The main house boasts 15-degree IBR sheeting with MultiDex waterproofing for enduring weather resistance.
• Additional amenities include a convenient Wendy house for storage and covered shade net parking for three cars, along with two open parking spaces.

Cottage 1:
Offering an opportunity for supplementary income at R7,500 per month, this cottage presents a cozy living space:
• Two bedrooms, one bathroom, and an open-plan lounge with a kitchenette featuring melamine countertops and a freestanding stove.
• A relaxing outdoor area adorned with a Coolaroo cover and fitted blinds for privacy.
• Prepaid electricity meter and two open parking spaces.

Cottage 2:
With a rental potential of R6,500 monthly, this cottage offers a comfortable living arrangement:
• One spacious bedroom, a bathroom, and a study area alongside an open-plan kitchenette.
• Fitted blinds for privacy, prepaid electricity, and one open parking space.

Additional Features:
• Eco-friendly insulation in the main house's roof and American shutters throughout the property.
• Aluminium windows and doors, double-glazed windows, and readiness for load shedding with solar battery backup.
• Fiber-ready infrastructure along with pre-paid electricity meters in both cottages.
• Bedside lights and a fan in the master bedroom, enhancing comfort.
• Coolaroo shades over the front patio of the main house and outside Cottage 1, providing shade and relaxation.

Property Reference #: 6349891

Agent Details:
Craig Luke
Kingstons Real Estate
103 Boeing Road East,
Bedfordview
Johannesburg
1401

Id Subtitle 1263586176
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Estimated monthly repaymentR 21,675
Total property loan amountR 2,000,000
Total interestR 3,201,794
Total repaymentR 5,201,794
Interest rate at 11.75% for 20 years *
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