Newlands West
R1,295,000 Web Ref 1312489
PROPERTY FEATURES
3 Bedrooms | 1 Bathroom | 1 Dining Room | 1 Lounge | 1 Flatlet | Kitchen | 1 Carport | 4 Parking Spaces
Massive Investment Property in Sought-After Location
Sole Mandate This impressive property is situated on the main road in a highly sought-after area, with public transport conveniently available right outside your door. Perfect for running a business, generating rental income, or enjoying as a spacious family home. Property Features: Large carport with parking for up to 5 vehicles. Currently configured as a main home plus multiple flats, offering excellent income potential. Ground Floor: Complete home with 3 bedrooms (fully tiled, built-in cupboards), fully fitted kitchen, separate lounge, separate dining room, and private parking. Upper Level: Separate flat with open-plan lounge and glass doors leading to a balcony, fully fitted kitchen, 2.5 bedrooms (main with walk-in closet, all with built-in cupboards), and a full bathroom with separate toilet. The property can also be used as one complete home, providing 5.5 bedrooms, 2 kitchens, 2 lounges, 1 dining room, and 2 bathrooms. Investment Potential: Currently generating over R12,000 per month in rental income (excluding utilities). Ideal for owner-occupiers wanting additional income or pure investment buyers. Loads of potential to expand or reconfigure. A must-see property that ticks all the boxes for location, space, and income generation.

ERF Size 260 m²
Rates R100 per month
Ace Pillay ace.pillay@rawson.co.za
Ace Pillay
c. 071 082 8123