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9 Bedroom Freestanding Sold in Southernwood

R1,299,000


Monthly Bond Repayment R13,629.84
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL24859

Well-suited for a rental investment with multiple income streams-Southernwood!

This property presents a fantastic chance to invest in a bustling urban area. The spacious main house boasts 5 well-sized bedrooms, providing ample room for tenants.

Additional features include:

Three outside rooms that offer extra rental potential or guest accommodation.
A caretaker’s hut for on-site management or additional support.
The basement has been thoughtfully converted into a modern two-bedroom flat, complete with a stylish kitchen and a convenient shower room, offering a comfortable living space.

The property is fully walled, ensuring privacy and security, with a concrete and paved outdoor area that includes a communal braai (BBQ) area for tenant enjoyment. The communal kitchen is equipped with individual locker space for each tenant’s convenience.

With a potential rental income of R24,000 per month when fully tenanted, this property is an excellent investment opportunity in a vibrant urban setting.

Seize this chance to invest in a property with strong rental income potential and versatile living options. Contact us today to arrange a viewing!

Features

Bedrooms 9
Security Yes
Bathrooms 2
Flatlet 1
Dom. Accom. 1
Floor Size 168m²
Land Size 455m²
Carports/Parkings 4
Pets Allowed Yes
Monthly Rates R1,070.18

Agent Contact Details

Leigh Jacobsen
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 204 8)

Cell 072 784 6984
Office (043) 7431410
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