Request Call Back
Only Realty Logo
NEW
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
4 Bedroom House For Sale in Norkem Park
BACK TO
RESULTS

4 Bedroom House For Sale in Norkem Park

R1,599,999

Monthly Bond Repayment R16,243.65
Calculated over 20 years at 10.75% with no deposit.

Web Ref ORL44630

Investors dream, house with 3 flatlets

Location: Norkem Park, Kempton Park

The Opportunity: Buy, Fix Up & Reap the Rewards!

Calling all savvy investors, flippers, and large families with a vision! This expansive property is priced to sell and offers a fantastic "buy and fix up" opportunity. With a little cosmetic love and TLC, you can instantly unlock massive equity and transform this diamond in the rough into a high-yielding rental machine or your dream forever home.

The Main House

The main residence features a spacious, versatile layout waiting for your personal touch:

4 Well-Sized Bedrooms with excellent natural light.

2 Neat, Shared Bathrooms ready for a modern upgrade.

Spacious living and dining areas perfect for family gatherings.

The Income-Generating Structure

Built for maximum versatility, the layout of this property goes far beyond a standard family home:

3 Separate Flatlets (Attached to the Main House): Perfect for extended family or generating substantial monthly rental income to completely cover your bond!

Staff Quarters / Maid’s Quarters: An additional helper's room for added convenience.

Garages & Parking: 2 lock-up garages plus ample secure parking space to comfortably accommodate vehicles for both owners and tenants.

? A Rare Value-Add Proposition!

Properties with this level of footprint, structure, and income potential at this price point are rare in Norkem Park. Bring your paintbrushes, bring your vision, and secure a high-yield asset today.

Features

Pets Allowed Yes
Interior
Bedrooms 4
Bathrooms 2
Kitchen 1
Reception Rooms 2
Furnished No
Exterior
Garages 2
Security No
Flatlet 3
Domestic Accomm. 1
Pool No
1 of 1