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Income-Generating House with Two Flatlets for Sale in Manaba
R 1,950,000
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2 months ago57 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):508
Parking:Garage
Description
This exceptional property offers an excellent opportunity for investment or a spacious living arrangement for a large family. Boasting two additional flatlets that yield a remarkable 10% return on investment, this house is an enticing prospect for savvy buyers.
The main house features a generously sized lounge and dining area, complemented by a versatile study that can easily be converted into an additional bedroom if desired. A well-appointed kitchen awaits, showcasing exquisite granite countertops, an island, and convenient access to a sprawling lapa and entertainment space—a perfect setting for gatherings and outdoor enjoyment. Adding to the functionality of the home, a separate laundry/scullery area enhances the ease of daily living.
Within the main house, three spacious bedrooms await, each accompanied by beautifully appointed bathrooms adorned with tasteful finishes, ensuring comfort and luxury for residents.
Outside, a bar and entertainment area provide additional opportunities for leisure and hosting guests, enhancing the overall appeal of the property.
The two flatlets serve as a lucrative bonus, contributing significantly to the property's income stream. Consisting of a sizable two-bedroom unit and a comfortable one-bedroom apartment, these flats offer flexible living arrangements and generate substantial rental income.
Completing the property is a double garage and ample parking space, providing convenience and security for vehicles.
With its abundant space and income-generating potential, this property is truly a remarkable investment opportunity. Don't miss the chance to explore its full potential—schedule a viewing today to experience the allure and possibilities of this outstanding property.
Contact us now to arrange a viewing and seize this incredible opportunity.
Property Reference #: PTR1064
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
The main house features a generously sized lounge and dining area, complemented by a versatile study that can easily be converted into an additional bedroom if desired. A well-appointed kitchen awaits, showcasing exquisite granite countertops, an island, and convenient access to a sprawling lapa and entertainment space—a perfect setting for gatherings and outdoor enjoyment. Adding to the functionality of the home, a separate laundry/scullery area enhances the ease of daily living.
Within the main house, three spacious bedrooms await, each accompanied by beautifully appointed bathrooms adorned with tasteful finishes, ensuring comfort and luxury for residents.
Outside, a bar and entertainment area provide additional opportunities for leisure and hosting guests, enhancing the overall appeal of the property.
The two flatlets serve as a lucrative bonus, contributing significantly to the property's income stream. Consisting of a sizable two-bedroom unit and a comfortable one-bedroom apartment, these flats offer flexible living arrangements and generate substantial rental income.
Completing the property is a double garage and ample parking space, providing convenience and security for vehicles.
With its abundant space and income-generating potential, this property is truly a remarkable investment opportunity. Don't miss the chance to explore its full potential—schedule a viewing today to experience the allure and possibilities of this outstanding property.
Contact us now to arrange a viewing and seize this incredible opportunity.
Property Reference #: PTR1064
Agent Details:
Pieter Kruger
PropertyTime
Umtentweni
Id Subtitle 1263174465
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Estimated monthly repaymentR 21,133
Total property loan amountR 1,950,000
Total interestR 3,121,750
Total repaymentR 5,071,750
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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Selling for 3+ years
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