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8 Bedroom House For Sale in Albany

R3,850,000


Monthly Bond Repayment R41,057.54
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR16367

CALLING ALL INVESTORS - FIVE HOMES ON ONE PROPERTY!

Introducing Southfork Mews, a truly exceptional property nestled in the heart of Albany, West Riding. This unique spot offers a perfect mix of investment potential and cozy living.
It's a hidden treasure you don't want to miss out on!

Here's what the property has to offer:
- A main 3-bedroom house
- A 2-bedroom flat above the house
- Two studio flatlets
- A stand-alone 1-bedroom garden cottage

The main house, currently occupied by the owner, could be rented out for R17,000pm. Each of the other units come with prepaid meters, air conditioning, and long-standing tenants who bring in a combined income of R32,330pm.
Parking is plentiful with two garages, five covered spaces, and additional open spots for up to five vehicles. Plus, there are some great extras… starting with solar panels & a JoJo tank.

MAIN HOUSE:
The main house offers an expansive open-plan living area, seamlessly connects the dining room and the charming country-style kitchen which features a built-in five-burner gas stove, electric oven, granite countertops with a prep basin, and a separate scullery. Double French doors lead from the dining room to a covered outdoor entertainment area, perfect for hosting friends and overlooks a private garden with a covered Jacuzzi. To the right of the dining room is the spacious lounge, warmed by a cast-iron fireplace, ideal for family gatherings.
Down the passageway are three bedrooms, each with laminate flooring, built in cupboards and fans/aircon. The master bedroom is of considerable size and boasts a separate lounge/dressing area with an elegant ensuite full bathroom. Another bathroom complete with a bath and basin services the other two bedrooms. French doors open out onto a paved garden, perfect for morning coffee in sunshine.

FIRST-FLOOR FLAT:
Accessible via an external stairway, the first floor flat includes a large living area that combines the dining room and lounge, with sliding doors opening to a covered patio. The semi-open kitchen includes an electric hob and oven, granite countertops, bespoke wooden cabinetry, a double sink, and plumbing for washing machines. The main bedroom offers substantial cupboard space and features an ensuite bathroom with both a shower and a bath. A second bedroom with a Juliet balcony and its own bathroom with a shower completes this flat.

STANDALONE GARDEN COTTAGE:
The standalone one-bedroom cottage includes a spacious lounge, a bedroom with an ensuite bathroom (shower), and a kitchen. A covered patio overlooks a private garden, offering a serene retreat.

STUDIO FLATLETS:
Each of the two studio flatlets features an open-plan design, combining the kitchen, living room, and bedroom into a single space. Both studios include a bathroom with a shower.
Southfork Mews is more than just a property; it's a community, a home, and an investment opportunity all rolled into one. Come see it for yourself and discover the endless possibilities!

Features

Bedrooms 8
Security Yes
Bathrooms 7
Flatlet 4
Recep. Rooms 2
Floor Size 520m²
Garages 2
Land Size 1,832m²
Carports/Parkings 10
Pets Allowed Yes
Monthly Rates R3,255.07

Agent Contact Details

Tracy Foss
Tyson Properties Upper Highway Office

Cell 072 876 9065
Office (031) 7654519
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