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Exciting Investment or Renovation Opportunity in Penina Park!
R 1,587,000
Can I afford this?
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14 days ago23 views
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General Details
Location:
For Sale By:Agency
Description
Exciting Investment or Renovation Opportunity in Penina Park!
Discover the potential of this remarkable property in the sought-after neighborhood of Penina Park. Whether you're an investor seeking a lucrative opportunity or a family ready to put your stamp on a home, this property offers endless possibilities.
Key Features:
Four Bedrooms: Spacious living awaits with four bedrooms, providing ample space for family living or rental opportunities.
Expansive Kitchen: The kitchen stretches invitingly, offering a canvas for your culinary dreams and family gatherings.
Huge Yard: Embrace outdoor living with a sprawling yard, perfect for relaxation, gardening, or entertaining.
Double Garage Turned into Two Apartments: Unlock the property's potential with two incomplete apartments in the double garage. These spaces offer versatility for rental income, extended family living, or creative renovation projects.
Attention Investors:
With the groundwork already laid for two additional rental units, this property presents a promising investment opportunity. Complete the apartments to capitalize on the growing demand for rental accommodation in the area, maximizing your return on investment.
Ideal for Renovators:
For those with a vision and a passion for renovation, this property is a blank canvas awaiting transformation. While the house requires serious maintenance, its solid structure and prime location make it an exciting project for renovators seeking to create their dream home or lucrative investment property.
Explore the Possibilities:
Imagine the potential of this property once brought back to its full glory. From modern updates to creative renovations, the possibilities are endless. Envision your future in Penina Park and seize this opportunity to make your mark in a thriving community.
Schedule a Viewing:
Property Reference #: BRL177
Agent Details:
Mabu Mahlatji
Bold Real Estate
Nadene 4
106 Van Heerden Street
Mokopane
0601
Discover the potential of this remarkable property in the sought-after neighborhood of Penina Park. Whether you're an investor seeking a lucrative opportunity or a family ready to put your stamp on a home, this property offers endless possibilities.
Key Features:
Four Bedrooms: Spacious living awaits with four bedrooms, providing ample space for family living or rental opportunities.
Expansive Kitchen: The kitchen stretches invitingly, offering a canvas for your culinary dreams and family gatherings.
Huge Yard: Embrace outdoor living with a sprawling yard, perfect for relaxation, gardening, or entertaining.
Double Garage Turned into Two Apartments: Unlock the property's potential with two incomplete apartments in the double garage. These spaces offer versatility for rental income, extended family living, or creative renovation projects.
Attention Investors:
With the groundwork already laid for two additional rental units, this property presents a promising investment opportunity. Complete the apartments to capitalize on the growing demand for rental accommodation in the area, maximizing your return on investment.
Ideal for Renovators:
For those with a vision and a passion for renovation, this property is a blank canvas awaiting transformation. While the house requires serious maintenance, its solid structure and prime location make it an exciting project for renovators seeking to create their dream home or lucrative investment property.
Explore the Possibilities:
Imagine the potential of this property once brought back to its full glory. From modern updates to creative renovations, the possibilities are endless. Envision your future in Penina Park and seize this opportunity to make your mark in a thriving community.
Schedule a Viewing:
Property Reference #: BRL177
Agent Details:
Mabu Mahlatji
Bold Real Estate
Nadene 4
106 Van Heerden Street
Mokopane
0601
Id Subtitle 1276336844
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Estimated monthly repaymentR 17,199
Total property loan amountR 1,587,000
Total interestR 2,540,624
Total repaymentR 4,127,624
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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Bold Real Estate
Selling for 2+ months
Total Ads172
Active Ads172
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