4 bedroom house with 2 Bathroom plus 2bedroom cottage plus 3bedroom cottage and Private Entraces

R 2,190,000

Can I afford this?
9 months ago589 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1083
Parking:Garage
Description
This exceptional property boasts three homes situated on a large plot of land, providing a multitude of options for the extended family or rental opportunities. Whether you choose to reside in the main house and rent out the separate rentals (which are already occupied) or rent out the main house as well, this property offers a fantastic investment opportunity that can cover your initial investment.

The main house features four spacious bedrooms with delightful garden views and abundant natural light. There are two bathrooms, with the main bathroom being ensuite. The recently renovated kitchen is large and open, creating a welcoming atmosphere. The house also includes a generous lounge and dining area, with all the bedrooms overlooking the lovely garden. Two garages and a driveway offer ample parking space, while domestic quarters with a bathroom and a courtyard provide additional convenience. For added security, an alarm system is installed, and prepaid electricity ensures easy management. This well-maintained property is move-in ready, requiring no additional work.

Cottage 1 is comprised of three bedrooms and two bathrooms, with the main bedroom having an ensuite bathroom. The living area serves as a lounge and dining space, while the open plan kitchen offers functionality. A private courtyard adds a touch of tranquility. Cottage 1 has a separate entrance and driveway shared with Cottage 2 and includes a double carport.

Cottage 2 features two bedrooms and one bathroom, along with a kitchen that opens up to a lounge and dining area. Similar to Cottage 1, it has a separate entrance and driveway shared with Cottage 1, as well as a double carport.

Both cottages are completely separate from the main house, ensuring privacy for all occupants. This setup presents an ideal investment opportunity as both cottages are currently rented out, generating approximately R12,000 per month in rental income. The property offers a great balance between generating rental income and maintaining a comfortable living space in the main house.

Conveniently located in the sought-after suburb of Kibler Park, this property enjoys a peaceful environment and is close to various amenities. For more information or to arrange a viewing, please contact the agent. Our team is dedicated to assisting you with any inquiries or organizing a visit to this spectacular property.

# Parking: 2
Has Garden
Property Reference #: 2158975

Agent Details:
Nomvula Shelembe
ZA Prop JHB South
99 True North Road, Mulbarton

Id Subtitle 1219253331
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 23,734
Total property loan amountR 2,190,000
Total interestR 3,505,965
Total repaymentR 5,695,965
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.
RECALCULATE
ZA Prop JHB South
Selling for 2+ years
Total Ads705
Active Ads705
Professional Seller
Seller stats
705Total Ads
325.31KTotal Views
Contact ZA Prop JHB South
082*******Show Number
Message
(3950)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.