7 Bedroom House For Sale in Maroelana

R2,990,000

Monthly Bond Repayment R30,355.35
Calculated over 20 years at 10.75% with no deposit.

Web Ref No RL46501

Prime location, endless possibilities.

This massive house and property need renovation.
It's currently zoned for Residential 1 but can be rezoned for med to high density Residential 2 zoning.
During the rezoning process, the property can be rented out to generate rental income and cover expenses.
The property could also serve as offices when rezoned or be renovated into a beautiful home.
The property features a large house that's been split into two separate rentable units. Both rental units have their own entrance. House 1 - office, guest toilet, kitchen, lounge, 2 bathrooms and 3 bedrooms.
House 2 - Open plan lounge and dining area, guest toilet, 1 bathroom and 3 bedrooms.
The units are also separated, allowing both tenants to keep animals and have a degree of privacy.
There's an additional room separate from the main house that can also be rented out. There's ample parking at the back of the property.
Viewings strictly by appointment only.

Features

Bedrooms 7
Bathrooms 4.5
Flatlet 1
Recep. Rooms 3
Study 1
Garages 2
Land Size 1,487m²
Carports/Parkings 6
Pets Allowed Yes
Monthly Rates R1,017.00

Extras Carpets
Carport
Driveway
Electric Gate
Freestanding
First Floor
Secure Parking