7 Bedroom house for sale in Danville, Pretoria

Income-Generating 7 Bedroom House for Sale in Danville, Pretoria

Area Overview: Danville, Pretoria
Danville is a well-established and vibrant suburb within Pretoria West, offering both residential and investment opportunities. The area is known for its affordability, easy access to major routes, and proximity to essential amenities, making it a popular choice for first-time buyers, investors, and families.

Nearby Schools:
Danville Primary School (1 km)
Hoërskool Danville (2 km)
Wonderboom Secondary School (3 km)

Healthcare Facilities:
Danville Clinic (1.5 km) – Local healthcare facility serving the community.
Pretoria West Hospital (4 km) – Comprehensive medical services nearby.

Major Routes:
Close proximity to N1 Highway and R55, offering easy access to Pretoria CBD and surrounding areas.

Public Transport:
Public buses and minibus taxis available, providing excellent connectivity to the rest of Pretoria.

Property Features
7 Bedrooms – Ideal for a large family or as a rental income property with room for tenants.
2 Bathrooms – Equipped with modern vanities and showers, catering to the needs of the household.

Flooring:
The entire house is tiled, providing a clean and low-maintenance living environment.
Both interior and exterior walls are plastered, ensuring durability and a neat appearance.

Kitchen:
The open-plan kitchen is fitted with cupboards, a stove, and a dishwasher connection, facilitating convenient meal preparation and cleaning.

The property features a living area and a dining area, both designed to accommodate family gatherings and daily activities.

Additional Features:
Income-Generating Potential:

The main house is currently rented out per room to maximize income potential.

Four well-built outside rooms provide clean and comfortable accommodation with dedicated bathroom facilities, including both a shower and bathtub.

Six Wendy houses, each equipped with electricity, offer additional passive revenue streams.

Exterior:
The property features paving around the yard, ensuring easy maintenance and good presentation.

Parking:
2 Carports – Provides secure parking for up to two vehicles, with additional space for tenants or visitors.

Energy Efficiency:

Solar Geyser – Helps reduce electricity costs by providing hot water for the main house.

Market Trends & Investment Potential
This 7-bedroom property in Danville offers excellent investment potential with its current income-generating setup. The area has shown steady demand for rental properties, making this home an attractive option for investors looking for passive income.

Rental Income Opportunity:
The current setup maximizes the rental potential with rooms being rented out individually, ensuring consistent monthly returns.
Additional rental income from the outside rooms and Wendy houses makes this an ideal income-generating property.

Future Value Potential:
Danville remains an affordable option in Pretoria West, with strong demand for properties due to its proximity to essential services, transport links, and schools. This ensures the property’s future value will remain stable, providing a solid return on investment for years to come.

Lifestyle & Amenities
Shopping & Dining:
Local shops and supermarkets are nearby, offering convenience for everyday needs.
Family-friendly restaurants in the vicinity provide various dining options for residents and tenants alike.

Outdoor Activities & Parks:
The property is situated near parks and recreational areas, perfect for leisure and family activities.

Public Amenities:
Community centers, public transport options, and clinics are easily accessible, enhancing the convenience of living in the area.

Financial Breakdown
Cash Buyers:
Transfer Duty: R48,675
Registration Fees: R18,000
Total Transfer Costs: R66,675

Bond Buyers:
R1,200,000
Interest Rate: 10.75% (indicative rate)
Loan Term:20 years
Monthly Repayment: Approximately R11,800
Minimum Gross Monthly Income: Approximately R39,000 for bond affordability

Note: These figures are estimates and may vary based on individual circumstances. It's advisable to consult with a financial advisor or lender for precise calculations.

Ideal Buyers
This property is perfect for:
Investors seeking a high-income rental property with multiple streams of revenue.
Large families looking for an expansive home with room for extended family or a work-from-home setup.
First-time buyers who can take advantage of the investment opportunities while living in the property.

Schedule a Viewing
Don't miss out on this exceptional income-generating property. Contact us today to schedule a private viewing