15 Bedroom House For Sale in Westridge
R3,950,000
Monthly Bond Repayment R41,445.61
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RL36359
9-Bedroom House with 6 Separate Flatlets - Ideal for Shared Accommodation
**Main House Features:**
- Spacious 5 generously sized downstairs bedrooms, 2 en suite bathroom
- 2 downstairs shared bathrooms
- 4 Medium size upstairs loft style bedrooms
- 1 upstairs shared bathroom
- Large, open-plan living area, perfect for socializing and family gatherings
- Fully equipped kitchen with ample cupboard and counter space
- Private, well-maintained garden with plenty of space for outdoor relaxation
- Additional storage spaces, making organization easy
- Back up water storage tank
- Beautiful big shared pool
- Parking for 8 vehicles
**Flatlet Features:**
- 6 separate flatlets, each with its own kitchenette, bathroom, bedroom and living area
- Private entrances for each flatlet, ensuring privacy for all tenants
- Modern finishes and well-designed layouts for maximum comfort
- Ideal for rental income, student accommodation, or multi-generational living
- Section of flatlets built on double story foundation, allowing for further extension
**Investment Potential:**
- With 6 flatlets generating rental income, this property offers an incredible opportunity for investors
- Currently generating a rental income of R47 500.00 per month
- Security patrolling the street through local neighbourhood watch.
- Prime location close to local amenities, and public transport, ensuring high demand for rental spaces
- Close proximity to St Henry’s Marist College, St Augustine’s Hospital and Life Entabeni Hospital
- High potential for consistent rental yields
Whether you're looking for a large family home with additional rental income or an investment property offering strong returns, this property is a rare find and not to be missed. Contact us today to arrange a viewing and discover the full potential of this versatile property!
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