Monthly Bond Repayment R6,243.07
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RL16343
Discover Hidden Potential in This Affordable Gem!
Introducing a unique property in an accessible, offering a remarkable opportunity for savvy investors and first-time homebuyers alike. This property features a two-bedroom main house complemented by four outside rooms and a spacious garage, all ripe for customization and with significant income-generating potential.
The two-bedroom house, with a bit of work, can transform into a cozy and inviting home. Income Opportunities: The four external rooms present a golden opportunity to generate rental income. Perfect for catering to the local demand for affordable living spaces, these rooms can help cover mortgage payments or contribute to your income stream. The included garage offers additional space for storage, parking, or could be creatively converted to further expand your living area or rental offerings.
This property is a standout option for those looking to enter the real estate market at an accessible price point. It offers the chance to not only build equity through improvements and customization but also to tap into the rental market in an area with a consistent demand for affordable housing options.
While this home and its additional rooms require some investment to realize their full potential, the affordable entry price and rental income prospects make it an excellent opportunity for the right buyer. Whether you're aiming to create a personal home with character, establish a diverse investment portfolio, or explore the possibilities of becoming a landlord, this property offers a solid foundation to build upon.
Seize the opportunity to invest in a property with great potential and affordability. Contact us to learn more and envision how you can make this space your own or turn it into a profitable investment.