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3 Bedroom house plus 3 one bedroom Flats for sale

R 2,100,000

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General Details
For Sale By:Agency
Description
Exclusive Sole mandate with Just Property Worcester

Nestled in the heart of Somerset Park, this property presents an enticing opportunity, perfect for investors or large families alike. Boasting a prime location within walking distance of the Drosdy Centre, town amenities, and numerous schools, convenience is at your doorstep. The main house, featuring three bedrooms, two bathrooms, and an indoor braai, promises comfortable living. Additionally, a garage adds practicality to the arrangement. The property's allure expands with two charming one-bedroom apartments at the rear, each accompanied by its own small plot, offering potential for rental income. Furthermore, a third apartment on the top floor, capable of integration with the main house, provides flexibility in usage. While the property may require some refurbishment to unleash its full potential, this presents a canvas for enhancement and personalization. With its blend of versatility, income potential, and desirable location, this property embodies a promising investment or a welcoming haven for a growing family, awaiting transformation into a cherished home.
Rent income :
R5000/ flat, which gives a total of R15 000, plus R10 000 income on the 3 bedroom house.
Total rental income on the property is R25 000.

Property Reference #: RL948190

Agent Details:
Petronella Lochner
Just Property
Unit 15, Drosdy Centre, Worcester, Western Cape, 6850.

Id Subtitle 1282996022
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Estimated monthly repaymentR 22,758
Total property loan amountR 2,100,000
Total interestR 3,361,884
Total repaymentR 5,461,884
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