NEW
Web Ref ORL33132
R1,900,000
Monthly Bond Repayment R19,289.35
Calculated over 20 years at 10.75% with no deposit.
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Monthly Rates
R1,652
R1,652
Investment Property with Rental Income
Exceptional Investment Opportunity: Versatile Corner Stand Property
- **Size:** 987 m²
- **Location:** Prime corner stand
Unit 1: Beautifully Renovated Two-Bedroom Unit
- **Rental Income:** R10,000 per month (excluding water and prepaid electricity)
- **Features:**
- Extra-large open-plan lounge and dining room with high ceilings and hanging ball lights
- Separate kitchen with granite countertops, ample cupboard space, and a gas stove. Double Eye Level ovens
- Gas geyser
- Two bedrooms with built-in cupboards; the main bedroom opens to a private courtyard
- Family bathroom with bath and shower
- Linen closet
- Private garden with patio and shaded cover
- Own entrance for parking
Unit 2: Cozy One-Bedroom Apartment
- **Rental Income:** R5,500 per month (including water)
- **Features:**
- Lounge and dining room
- Linen closet
- Cozy kitchen with an electrical stove
- Bathroom with shower and bathtub
- Large garden at the back and side of the property
- Separate entrance on the road outside the enclosure
- Prepaid electricity and gas geyser
Additional Features:
- **Double Garage:** Potential for conversion into a shop or office. With sliding door and tiled.
- **Wooden Shack:** Ideal for use as a studio 70m2 (note: no electricity in this unit)
Why This Property?
- **Versatility:** Multiple rental units with current income streams
- **Potential:** Opportunity to convert and expand usage (e.g., shop, office, studio)
- **Privacy:** Separate entrances and private gardens for each unit
- **Size:** 987 m²
- **Location:** Prime corner stand
Unit 1: Beautifully Renovated Two-Bedroom Unit
- **Rental Income:** R10,000 per month (excluding water and prepaid electricity)
- **Features:**
- Extra-large open-plan lounge and dining room with high ceilings and hanging ball lights
- Separate kitchen with granite countertops, ample cupboard space, and a gas stove. Double Eye Level ovens
- Gas geyser
- Two bedrooms with built-in cupboards; the main bedroom opens to a private courtyard
- Family bathroom with bath and shower
- Linen closet
- Private garden with patio and shaded cover
- Own entrance for parking
Unit 2: Cozy One-Bedroom Apartment
- **Rental Income:** R5,500 per month (including water)
- **Features:**
- Lounge and dining room
- Linen closet
- Cozy kitchen with an electrical stove
- Bathroom with shower and bathtub
- Large garden at the back and side of the property
- Separate entrance on the road outside the enclosure
- Prepaid electricity and gas geyser
Additional Features:
- **Double Garage:** Potential for conversion into a shop or office. With sliding door and tiled.
- **Wooden Shack:** Ideal for use as a studio 70m2 (note: no electricity in this unit)
Why This Property?
- **Versatility:** Multiple rental units with current income streams
- **Potential:** Opportunity to convert and expand usage (e.g., shop, office, studio)
- **Privacy:** Separate entrances and private gardens for each unit
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchen
2
Reception Rooms
3
Furnished
No
Exterior
Security
Yes
Parkings
4
Pool
No
Sizes
Land Size
987m²
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