6 Bedroom House For Sale in Riviersonderend

R2,100,000

26 Buitekant Street

Monthly Bond Repayment R22,757.85
Calculated over 20 years at 11.75% with no deposit.

Web Ref No WSC4569

Business opportunity for residential rentals

This is a one-of-a-kind, six-bedroom house, with lots of opportunity. This large house has four kitchens, four bathrooms and three living rooms. The house is divided into 4 separate flats, which are all rented out.

Two of the flats have two bedrooms and the other two flats have one bedroom. All four flats have their own kitchens, bathrooms and three have living rooms as well.
Each flat has its own entrance and prepaid electricity meter.
The flats are not permanent, because they were created by locking doors, so the house can easily be converted back to being one big house again.

The house is situated on a large corner stand with ample open space, where more units can be build. Permission was obtained to build 4 more units, that can also be rented out for income.

This property needs some TLC, but can be a wonderful source of income.

Features

Bedrooms 6
Bathrooms 4
Recep. Rooms 3
Garages 3
Land Size 1,308m²

Extras House Style: Other
Locality: Close To Shops
Kitchen: Standard
Land Contour: Flat
Condition: Good
Water Supply: Town Supply
Sewerage: Mains
Living Area: Open Plan
Bedroom 2: Double
Bedroom 3: Double
Bedroom 4: Single
Main Bathroom: Separate Shower