R 1 760 000
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2 Bed House in Kungwini Country Estate

2 2 5 467 m²

Ideal lock up and go. This property offers a unique and versatile setup, making it an attractive option for both residential and investment purposes. In addition to the two-bedroom, two-bathroom Park home with a lovely patio overlooking a serene dam, the property includes a newly built outbuilding. This outbuilding consists of:

A one-bedroom flat providing independent living space.

A boathouse, ideal for water enthusiasts.

A spacious garage that can accommodate two boats or up to four vehicles, offering excellent storage.

What''s particularly noteworthy is that the building has been constructed with the intention of adding a three-bedroom house on top of the current structure. This expansion can be completed without disrupting the existing space, allowing for future growth while maintaining the current use of the property.

Currently, the new building generates a steady monthly income of R6600, which covers essential costs like rates and taxes, as well as levies and electricity and water usage. This makes it a self-sustaining investment. Additionally, the Park home offers potential as rental property or could be used as a weekend getaway spot, further enhancing the propertys versatility and income-generating potential.

This setup offers a great opportunity for those looking for a combination of residential comfort, potential expansion, and an income-generating investment.

Property details

  • Listing number T4811315
  • Property type House
  • Listing date 4 Oct 2024
  • Land size 467 m²
  • Rates and taxes R 170
  • Levies R 1 650

Property features

  • Bedrooms 2
  • Bathrooms 2
  • Garage parking 5
  • Flatlets
  • Access gate
  • Built in cupboards
  • Kitchen
  • Garden
  • Family TV room

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