Introducing a spacious 5-bedroom, 3-bathroom property nestled in Fish Eagle Bend, Malelane.

R 1,700,000

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1 month ago36 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Parking:Covered
Description
EXCLUISVE MANDATE!

This property offers an abundance of potential for those willing to roll up their sleeves and invest some TLC.

Upon entering, you'll find a well-structured layout. To the left, there's a generously sized kitchen. To the right, a sprawling lounge area opens up, offering space for relaxation and gatherings. Adjoining the lounge are three bedrooms, each offering comfort and privacy.
A small passage on the left leads to the fourth bedroom, which comes with its own separate bathroom equipped with a shower, basin, and toilet. Moving forward, you'll discover the spacious main bedroom, featuring an en-suite bathroom, space for a small sitting area, a walk-in cupboard, and built-in wardrobes.

Continuing through the kitchen, you'll find another sizable room, which could serve as a second lounge or potentially be converted into a bachelor's flat. An additional bathroom, complete with a shower, toilet, and basin, has already been installed.

The property's exterior boasts paved areas and is enclosed by a high wall, ensuring privacy and security. Two carports provide shelter for at least three vehicles and offer extra storage options.

Although the property requires some attention and renovation, its potential should not be underestimated. Given the high demand for rental units in the Malelane area, this property can easily be transformed into two or even three smaller apartments for rental purposes, making it a practical investment opportunity.

This property represents a canvas for those with a vision, offering endless possibilities in the thriving town of Malelane. With some love and effort, it has the potential to become a valuable asset in the local real estate market.

Property Reference #: KRS-RS00255

Agent Details:
Suzette Van Staden
Century21
20 Air Street Potters Place Malelane

Id Subtitle 1269762224
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
Interest rate at 11.75% for 20 years *
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Century21
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