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3 BEDROOM HOUSE FOR SALE IN NEWLANDS EAST
R 699,000
Can I afford this?
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7 months ago321 views
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General Details
Location:
For Sale By:Agency
Description
Introducing a promising real estate opportunity - a charming 3-bedroom house with an adjacent granny flat, offering enormous potential for those willing to invest a little TLC. Located in a quiet and well-established neighborhood, this property presents a unique blend of comfort and income generation.
**Main House:**
This cozy 3-bedroom home boasts a modern design and spacious interior. The open-concept living and dining area provides ample space for family gatherings and entertaining The three bedrooms offer comfortable living spaces, each with abundant natural light and endless possibilities.
**Granny Flat:**
One of the standout features of this property is the income-generating potential of the granny flat. Currently rented out for R4000 per month, it offers a self-contained living space, providing an attractive source of supplemental income. Whether you continue to rent it out or utilize it as a guest house or in-law suite, this granny flat represents a valuable asset that can significantly offset your monthly expenses.
**Location:**
Situated in a Newlands East, this property offers convenience and proximity to essential amenities, schools, shopping, and parks. The area is known for its sense of community.
**Investment Opportunity:**
This 3-bedroom house, combined with the income-generating potential of the granny flat, represents a prime investment opportunity. With some renovation work, you can customize the main house to your preferences while continuing to generate a rental income from the granny flat.
Don't miss out on this potential gem in the real estate market. Embrace the chance to add value, create your ideal living space, and maximize your investment. Contact us today 0836309446 to schedule a viewing and discover the full potential of this property.
Property Reference #: RL3104
Agent Details:
Ashtin Sigamoney
Legacy Real Estate Group
Shop 2, Avondale center, 277 Avondale road, Essenwood, Durban
**Main House:**
This cozy 3-bedroom home boasts a modern design and spacious interior. The open-concept living and dining area provides ample space for family gatherings and entertaining The three bedrooms offer comfortable living spaces, each with abundant natural light and endless possibilities.
**Granny Flat:**
One of the standout features of this property is the income-generating potential of the granny flat. Currently rented out for R4000 per month, it offers a self-contained living space, providing an attractive source of supplemental income. Whether you continue to rent it out or utilize it as a guest house or in-law suite, this granny flat represents a valuable asset that can significantly offset your monthly expenses.
**Location:**
Situated in a Newlands East, this property offers convenience and proximity to essential amenities, schools, shopping, and parks. The area is known for its sense of community.
**Investment Opportunity:**
This 3-bedroom house, combined with the income-generating potential of the granny flat, represents a prime investment opportunity. With some renovation work, you can customize the main house to your preferences while continuing to generate a rental income from the granny flat.
Don't miss out on this potential gem in the real estate market. Embrace the chance to add value, create your ideal living space, and maximize your investment. Contact us today 0836309446 to schedule a viewing and discover the full potential of this property.
Property Reference #: RL3104
Agent Details:
Ashtin Sigamoney
Legacy Real Estate Group
Shop 2, Avondale center, 277 Avondale road, Essenwood, Durban
Id Subtitle 1241898132
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Estimated monthly repaymentR 7,576
Total property loan amountR 699,000
Total interestR 1,119,027
Total repaymentR 1,818,027
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Legacy Real Estate Group
Selling for 2+ years
Total Ads574
Active Ads574
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