Monthly Bond Repayment R22,559.00
Calculated over 20 years at 11.25% with no deposit.
Web Ref No TPR20268
Income-Generating Property with Dual-Living Potential
Are you a first-time buyer or an investor seeking an effortless way to generate additional income? This distinctive property offers an ideal solution. With minimal investment, the house can be easily converted into two separate units, allowing you to enjoy the comfort of your own home while earning not just one but two rental incomes. This property presents an excellent opportunity to maximize your income potential without compromising on convenience.
Key Features and Income Potential: The upper level boasts a spacious living area with three bedrooms, a lounge, dining room, and a well-appointed kitchen—perfect for your family's comfort. The lower level features an open-plan lounge area, which requires only a kitchenette to be complete, and a bedroom with an en-suite bathroom, needing just a shower to finish. Additionally, a free-standing cottage on the property provides even more flexibility—ideal for rental income or private accommodation for extended family. With minimal expense, the downstairs area and the cottage can be transformed into fully independent rental units. This property is perfectly suited for first-time homeowners, savvy investors, or anyone seeking to enhance their income through a live-and-earn setup. Don't miss this exceptional opportunity to secure a home that offers both comfort and financial potential!