4 Bedroom house for sale in Observation Hill, Ladysmith

Ideal for Investors or Extended Family Living

This fully enclosed property presents a fantastic opportunity for both investors and larger families seeking additional income potential. Currently generating a combined rental income of approximately R9,500 per month, the property also offers scope for further enhancement and value growth.

The main house welcomes you through an entrance hall into a comfortable lounge area. It features three well-sized bedrooms, with the main bedroom opening onto a charming veranda. The kitchen is spacious and includes a pantry, offering great potential with a bit of TLC. A bathroom with a separate toilet adds convenience. Security gates are fitted on all doors for peace of mind. Additional features include a double carport and a single garage. The main house currently generates an income of R5,500 per month.

The separate flat is a standout feature, offering a private and well-designed living space. It includes one bedroom, a bathroom, and a versatile TV or entertainment room. The open-plan lounge and dining area flow seamlessly into a beautifully enclosed garden. The modern kitchen is fitted with its own oven and hob, and the unit also benefits from a dedicated storeroom and a prepaid electricity meter. The flat generates an income of R4,500 per month.

Whether you're looking to invest or accommodate extended family while earning rental income, this property offers both flexibility and potential.