HAVE IT ALL WITH RENTAL INCOME AND MULTI-GENERATIONAL LIVING…

R 2,350,000

Can I afford this?
3 months ago139 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
HAVE IT ALL WITH RENTAL INCOME AND MULTI-GENERATIONAL LIVING…

This superbly maintained and presented property offers 2 stand-alone homes, one of which includes an en-suite studio apartment set on a sprawling 1,498m2 corner stand occupying a peaceful street position. Constructed over two levels, this north facing home enjoys abundant natural light and a layout designed for easy living and entertaining.

The main home incorporates a generously proportioned kitchen & scullery, large open-plan dining & living area under a large skylight, formal lounge, separate study, 4 bedrooms, 2 full bathrooms and a guest toilet. The open-plan living area with wood-burning fireplace provides comfort and warmth in the wintertime and the large garden, undercover patio and pool bring summertime delight under the mottled shade of a mature pepper tree. An added bonus includes an en-suite studio apartment with full bathroom, bedroom, lounge & kitchenette upstairs for when guests come to stay, which can also be optimised as an Airbnb or other passive income generator.

The second home with its own, separate entrance has an open-plan design which offers a granite top kitchen, gas stove & pantry leading into a breakfast nook and living room with sliding doors that open into the north-facing garden. The downstairs area also includes a bedroom with en-suite bathroom, while upstairs the large landing offers a study area and two dreamy en-suite bedrooms, with the master bedroom which contains a walk-in closet and adjoining balcony encouraging relaxation.

This property offers the space, peace of mind & comfort for an immediate family to live in the main home with the extended family in the 2nd home, with separation so that you are living together without encroaching on each other’s personal space & privacy.

Alternately, pay off your bond by renting the 2nd home out with a potential income of R20 000 per month….the choice is yours!

Has Pool
Property Reference #: 5296280

Agent Details:
Henry Nieuwenhuizen
CLE Properties
Shop 31 Aero Centre
Cnr Templehof
South & Atlas Road
Bonaero Park

Id Subtitle 1260656746
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Estimated monthly repaymentR 25,468
Total property loan amountR 2,350,000
Total interestR 3,762,108
Total repaymentR 6,112,108
Interest rate at 11.75% for 20 years *
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CLE Properties
Selling for 3+ years
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