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12 Bedroom House For Sale in Northdene

R7,200,000


Monthly Bond Repayment R78,026.91
Calculated over 20 years at 11.75% with no deposit.

Web Ref No DPR11264
Investor's Dream Property For Sale
Description: An exceptional investment opportunity awaits with this multi-unit property boasting a range of residential units
Units:
1. Two 3-bedroom fully fitted units:
• Each unit has have fully fitted bedrooms and kitchen with open plan lounge dinning room.
• Each unit features en-suite bathrooms and a family bathroom.
• One unit includes a private pool, double garage, and an open basement.
2. Two 2-bedroom duplexes:
• Fully fitted kitchens and bedrooms.
• Single bathroom.
3. Studio apartment:
• Equipped with a kitchenette.
4. Fully fitted office space.
Additional Features:
• All units are subdivided.
• Application for sectional title is in progress.
• Approved plans for the construction of four additional two-bedroom units.
• Proximity to freeways and schools.
Potential: With the option for sectional title and approved plans for expansion, this property offers immense potential for increased rental income and property value growth. Additionally, the adjacent property is available for separate purchase, providing further development opportunities.
Location: Conveniently situated close to freeways and schools, this property offers accessibility and appeal to potential buyers. Don’t miss out on this prime investment opportunity in a sought-after location. Enquire now to capitalize on this lucrative proposition!
Current rental R55000.00

RATES R1610.00

Features

Bedrooms 12
Security Yes
Bathrooms 8
Recep. Rooms 4
Study 1
Floor Size 3,036m²
Garages 1
Land Size 3,038m²
Carports/Parkings 18
Pool Yes
Pets Allowed Yes

Agent Contact Details

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