| Renovated Duplex Townhouse with Income-Generating Potential |
Positioned in a well-maintained complex of only 9 units, this renovated duplex townhouse presents an exceptional opportunity for both investors and owner-occupiers. Originally designed as a 3 bedroom home, the property has been thoughtfully reconfigured into a 5 bedroom accommodation setup, making it ideal for staff housing, student accommodation, or a shared rental investment. The property is equipped with Wi-Fi, a solar geyser, prepaid electricity, and prepaid water, offering convenience and efficient utility management.
From the main entrance, a manual gate, that can be automated, provides parking for two vehicles, leading to a double carport where another automated gate can be installed. Entering through a solid wooden door, you are welcomed into a practical layout featuring the following. A modern open-plan kitchen with quality finishes, a guest shower and toilet, a pantry for additional storage, a wooden-floored living area, currently configured to accommodate a communal sitting area with a television, alongside two additional bedrooms, creating a total of five rentable rooms, an open patio overlooking a spacious private garden complete with a built-in braai, ideal for outdoor entertainment. A beautiful stone staircase leads to the upper level, where you will find, two spacious bedrooms with wooden flooring, a modern shower and toilet, a generous master bedroom with en-suite bathroom and a private open balcony, offering fresh air and pleasant views. Investment Highlights include the following, currently generating at least R10,800 per month (inclusive of utilities) by accommodating the seller's staff,
Excellent potential to increase rental income through market-related rentals. The seller is open to negotiating the inclusion of the existing furniture, beds, and mattresses, providing a valuable turnkey opportunity at additional cost, subject to agreement. This property is ideal for, investors seeking a ready-made income-generating property with excellent upside potential. Families looking for a spacious home with easy access to main roads, public transport, reputable schools, and essential amenities, all within walking distance of Cresta Shopping Centre and Heathway Shopping Centre. Whether you are looking to expand your investment portfolio or secure a spacious home in a highly convenient location, this versatile property offers outstanding value and exceptional potential. Call today to arrange your private viewing and discover the possibilities this unique property has to offer!
ERF Size 1,988 m²
Building Size 167m²
Rates R430 per month
Sectional Title Levies R1,714
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Etienne Yav
c. 0715663893
etienne.y@rawson.co.za
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