4 Bed House in Oatlands North
Property Above Graeme College with Income Potential
Situated in a serene street above Graeme College, this spacious property offers a perfect blend of comfort and investment opportunity.
Main House Features:
Bedrooms: 4
Bathrooms: 2
Kitchen: Modest and functional
Living Areas: Open-plan lounge and dining area with sliding doors leading to the outdoors
Parking: Generous with a 3-car carport, a double garage, and a single garage that can serve as additional parking, a workspace, or be converted into another rental unit.
Income-Generating Units:
2-Bedroom Flat: This lovely unit has its own kitchen and lounge as well as two bedrooms each with its own en suite bathroom. The flat comes with a private garden. Currently generating a rental income of R6500 per month.
1-Bedroom Bachelor Flat: Ideal for a live-in nanny or as student accommodation, bringing in R3800 per month.
The main house has 4 x 5000L water tanks
1 x 2500L tank is connected to the main house
Additionally there is 3 x 2500L tanks on the property.
This property is a rare find with its ample living space, versatile parking options, and lucrative rental opportunities, offering significant relief from mortgage payments. Dont miss out on the chance to own your own home with the exceptional rental inome potential.
Property details
- Listing number T4774717
- Property type House
- Erf size 2 200 m²
- Rates and taxes R 886
Property features
- Bedrooms 4
- Bathrooms 2
- Lounges 1
- Dining Areas 1
- Garages 3
- Flatlets
- Pet Friendly
- Laundry
- Patio
- Pool
- Security Post
- Staff Quarters
- Study