This property consist of 4 bedrooms, 2 bathrooms & toilets, lounge, dining room with a air-con, kitchen with built in cupboards, braai area, pool and 2 automated garages.
One of the 4 bedrooms are currently used as a prayer room. There is also an attached outbuilding that consist of 1 bedroom, large lounge, kitchen with built in cupboards, bathroom & toilet The outbuilding and main house can easily be made in to one large 5 bedroom house with 2 kitchens, 2 lounges, 3 bathrooms & toilets, 1 dining room, a double garage, braai area and pool area. Parking for an additional 5 cars in the front yard, potential to enter the back yard with cars for more parking.
Option 2:
For a family looking to start a life in a safe and secure area.
Use this property as it currently is used by renting out the outbuilding, potential rent of R5000 with pre-paid lights, water is included.(currently getting R4500). Buyers to live in the spacious 4 bedroom house.
Option 3:
For the investor (potential rental incomes)
Rent out the main house for R12 500: 4 Bedrooms, lounge, dining room, kitchen, toilet and bathroom, braai area, pool, large back yard (pet friendly)(pre paid lights and water). Current outbuilding for R5000: 1 Bedroom, Lounge , kitchen, Toilet and bathroom.(pre paid lights and water)
Potential to convert the double garage into a 1 Bedroom flat with a kitchen, lounge, toilet and bathroom. Potential income should be around R5000 depending on finishes/ market conditions.
Total potential rental income should be approximately R22 500 per month.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
