5 Bedroom Freehold For Sale in Shelly Beach

R2,060,000

Monthly Bond Repayment R21,968.45
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR17937

Income generating property sub divided into 2 flatlets, a Wendy house and additional rooms

Property features:

Older home subdivided into 3 flatlets, 2 of the flats has 2 bedrooms and 1 bathroom with its own kitchen and lounge, the other flat has 1 bedroom, 1 bathroom and a lounge and kitchen area.

Additional features:

There is a Wendy house, store room, 3 extra rooms in the backyard (currently being rented out), big yard with potential for expansion, water tank, 3 lock-up garages, remote control gate, and the property is fully walled for security.

Location:

It is conveniently located close to the ski boat club, local shopping centers and other amenities such as schools, restuarants...

Key Benefits:

Income-generating potential from 2 flatlets and extra rooms;
Secure property with remote control gate and alarm system and fully walled perimeter;
Ampler parking and storage;
Big yard with potential for expansion or outdoor entertainment;
Close to proximity to local amenities

Investment Opportunity

Ideal for investors seeking rental income, potential for renovation or upgrading to increase the value, possibility of redeveloping the property for higher returns.

If you are interested and want to view the property give me a call

Features

Bedrooms 5
Security Yes
Bathrooms 3
Recep. Rooms 6
Dom. Accom. 1
Floor Size 1,563m²
Garages 3
Land Size 1,569m²
Carports/Parkings 6
Pets Allowed Yes
Monthly Rates R1,800.00