Cover Your Bond - Large family home or Investors income generator!!!
R 2,150,000
6 months ago623 views
Ad Saved to My List
View and manage your saved ads in your account.
Add to My List
Report Ad
General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):598
Parking:Garage
Description
A property that offers versatility with many options! This large six bedroom above road level home is perfect for a family whose requirements are to reside with extended family who can enjoy their own space and privacy, or ideal for an Investor looking to generate extra income, or to rent out. The rental income for the four separate dwellings will cover a 100% bond on the full asking price of the property!

The layout of the residence allows for 4 separate living spaces, all with their own private entrances, living areas, kitchenettes, bedrooms and bathrooms. The bonus being the large garden with swimming pool, plus the most stunning 180-degree views over the city to the sea.
The Main house comprises of 3 bedrooms (full main en suite) all with built in cupboards, 3 bathrooms, a sizeable neat open plan eat in kitchen plumbed for dish washer, dining room, a generous lounge, and a study that leads out onto a covered entertainment area and swimming pool.

An internal interleading door (bricked up but easy to remove) leads downstairs to a spacious flat, with its separate entrance, its own water meter plus a pre-paid electrical meter. The double volume open plan flat embraces a large open living area with lovely kitchen, two bedrooms, two bathrooms, a study, a large tiled store room and double carport, plus a private garden and driveway. The bricked doorway can easily be removed converting the house into one large split-level home containing 5 bedrooms, 5 bathrooms, two kitchens, two lounges, two studies and two open plan living areas. This flat is currently rented out on a month to month rental generating a monthly income of R7 000.

That's not all, just wait for it..... The double garage, adjacent to the main house has been converted into two additional flats, the one being separated in the entrance hall of the main house by a dry walled doorway. This flat is ideal for a couple who require an open plan living area with kitchenette plumbed for a washing machine, a separate bedroom, plus bathroom with shower. This flat could also be incorporated into the main house by removing the dry wall doorway, offering the extra-large family a voluminous 6-bedroom home!!

The third flatlet offers an open plan living area and kitchen, a bedroom, a shower plus separate loo. If required, this flatlet could also be utilised as full domestic accommodation. Both flatlets can easily be converted back into a double garage as the entrances are dry walled. Outside the two flatlets is a large double carport. There is plenty of parking for tenants, family and friends.

The entire property is secured and fully walled with electric gates, garden beams, the main house has a full alarm system. The property is ideally and centrally located within 3km of Westville Boys and Girls High Schools, as well as Westville Primary School and the Westville Mall, and is within very easy reach to the Pavilion Shopping centre, the Westville Hospital, the M13, N2 and N3.
If you...

Has Pool
Property Reference #: RL50123

Agent Details:
Janet Bentham
Tyson Properties Westville Office
22 Westville RoadWestville3630

Id Subtitle 555056049
View More
Tyson Properties Westville OfficeMember since 2017
Email Verified
159 adsActive
159 adsPosted