For Sale

Investment Opportunity – 3-Bedroom Home with Income-Generating Units

7073

Property ID

495 m2

Size

3

Bedrooms

1

Bathroom

R1,500,000

Description

Discover the epitome of investment potential with this strategically located property. This versatile offering combines a comfortable 3-bedroom home with income-generating units, presenting an ideal opportunity for investors seeking both stability and growth.

Main house:
This house has a cozy lounge that is the prefect space for relaxation and entertainment. The kitchen has built-in-cupboards.

There are 3 bedrooms with built-in-cupboards. The bathroom has a basin, toilet, and shower.

Outside (Units):
A 1 bedroom cottage, this is a standalone cottage that offers privacy and independence and rental income.
The bachelor unit, is ideal for single people or young professionals, and a rental income.
2 outside rooms that are versatile spaces that can be adapted to whom ever rents them out.
A secure garage for safe parking of vehicles or additional storage space.

Other things that you could find outside:
There is a garden that can be converted into more parking space, or into more flatlets. There are some approved plans allowing additional units to be added.
There is a swimming pool that requires some tender loving care.
There is ample parking for 6 vehicles.

This property generates: R 26 000 per month.

Seize this rare opportunity to acquire a property that not only provides a comfortable living space but also serves as a robust income generator. With existing tenants and room for expansion, the potential for return on investment is substantial.

Contact us today to schedule a viewing and explore how this investment property can contribute to your financial portfolio.

Address

Address: Wychwood
  • Country: South Africa
  • Postal code / ZIP: 1401
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  • Property ID 7073
  • Price R1,500,000
  • Property Type
  • Property status
  • Rooms 4
  • Bedrooms 3
  • Bathrooms 1
  • Size 495 m2
  • Garages 1
  • Lounge 1
  • Kitchen 1
  • Garden Yes
  • Swimming pool Yes
  • Parking space 6

Nearby Places

Contact

ALEX GODWIN

Property Agent
1A Bedford Manor Office Suites Corner Regent Street & Kirkby Road Bedford Garden. Bedfordview Johannesburg
011 648 8989
alex@winfieldprop.co.za
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