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5 Bedroom House Sold in Manors

R1,695,000


Monthly Bond Repayment R18,075.98
Calculated over 20 years at 11.5% with no deposit.

Web Ref No DPR14732

FANTASTIC RETURN ON INVESTMENT - ADDITIONAL PASSIVE MONTHLY INCOME OF R30 000 / R35 000 ?

Exceptional Investment Opportunity in Manors at R1,695,000
Welcome to this outstanding property in the heart of Manors!
This dead-level gem, making it an ideal choice for savvy investors seeking great returns.

Main House Features:
5 Spacious Bedrooms: Plenty of room for family or tenants.
2 Bathrooms:
2 Lounges

Easily convertible into separate rental units / 2-bedroom and 3-bedroom, which should then generate around a R18500 monthly income.

Land Size: 2144 sqm - ample space for various uses.

Additional Highlights:

A 3-Bedroom Self-Contained Cottage: Complete with its own small yard, perfect for extended family or as an additional rental unit - CURRENTLY GENERATES A R9000 MONTHLY INCOME.

Garage, Domestic Quarters and adjacent room that can be transformed into another income-generating unit.

This property is a fantastic investment opportunity, with the potential to earn between R30,000 to R35,000 per month in rental income.

With some modifications, you can maximize its earning potential and enjoy a steady stream of income.

Don’t miss out on this incredible chance to own a versatile and income-generating property in a prime location.

Contact me to schedule a viewing today!

Viewings to financially pre-approved clients

Features

Bedrooms 5
Security Yes
Bathrooms 2
Flatlet 1
Recep. Rooms 3
Dom. Accom. 1
Garages 1
Land Size 2,144m²
Carports/Parkings 2
Pool Yes
Pets Allowed Yes
Monthly Rates R1,350.00

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