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Investment Opportunity 6 Bedroom House in Brackendowns

R 2,150,000

Can I afford this?
1 month ago26 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
â?? Main House with Bachelorâ??s Pad & 2-Bedroom Flat on a Freehold Stand!

Looking for a property that offers incredible potential and multiple income streams? This is your chance! Situated on a spacious freehold stand, this property features a main house along with two separate flats â?? a bachelorâ??s pad and a 2-bedroom flat â?? making it an ideal investment or multigenerational living space. Whether you're looking to generate rental income or accommodate extended family, this home has everything you need.

Main House Features:

Living Areas: The main house offers generous living space, perfect for family comfort and entertaining.
Bedrooms and Bathrooms: Spacious rooms with modern finishes. Details available upon request.
Flat 1 - Bachelorâ??s Pad:

Open-Plan Layout: Enjoy the open-plan kitchen and living room, designed for easy living and functionality.
Bedroom: 1 cozy bedroom for privacy and relaxation.
Bathroom: 1 bathroom with modern fittings.
Carport: 1 carport for parking convenience.
Additional Notes: The gas stove in the bachelorâ??s pad belongs to the seller and will not be included in the sale.
Flat 2 - 2-Bedroom Flat:

Living Areas: Open-plan kitchen, dining, and living room, creating a spacious feel for comfortable living.
Bedrooms and Bathroom: 2 good-sized bedrooms and 1 well-appointed bathroom.
Private Garden: Enjoy your own private garden, a great space for outdoor relaxation.
Own Entrance Gate: Complete privacy with a dedicated entrance gate to the flat.
Additional Features:

The property is located on a freehold stand, offering more freedom and potential for customization.
Tenant Information: The tenant in the flat is on a month-to-month lease, providing flexibility for the new owner.
This property is perfect for an investor seeking rental income, a family looking for extra space, or anyone who wants to take advantage of multiple dwellings on one stand.

Contact us today for more details or to schedule a viewing of this fantastic opportunity!

Disclaimer:
While every effort has been made to ensure the accuracy of the information provided in this listing, all details are subject to change and should be independently verified by the buyer. The features, specifications, and amenities described are based on the current condition of the property and may not be inclusive of all details. The property is being sold as-is. Please consult with a professional advisor for further clarification before making any decisions. The tenant is on a month-to-month lease and must be notified before any changes.

Has Pool
Property Reference #: RL1399

Agent Details:
Danie Ayres
Coleman Properties
40 Rae Frankel Street
Brackenhurst
Alberton
1448

Id Subtitle 1311109409
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Estimated monthly repaymentR 23,300
Total property loan amountR 2,150,000
Total interestR 3,441,929
Total repaymentR 5,591,929
Interest rate at 11.75% for 20 years *
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Coleman Properties
Selling for 9+ months
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