3 Bed House in Delville

3 Bedroom home that has investment opportunities

This 3 bedrooms, 2 bathrooms , that is located in Delville has a lot to offer:

Interior Features:

1. Entrance Hall: A welcoming entrance hall providing access to the various living spaces of the property.

2. Lounge: Spacious and well-lit lounge area, perfect for relaxation and entertainment with a closed fireplace, that can be open easily .

3. Dining Area: Adjacent to the lounge, a designated area for dining and enjoying meals with family and friends.

4. Newly Renovated Kitchen: A modern kitchen featuring brand-new fixtures and fittings.

The kitchen is adorned with a granite countertop, adding both functionality and aesthetic appeal.

5. Bedrooms: Three generously sized bedrooms, all equipped with built-in cupboards, providing ample storage space for personal belongings.

6. Main Bedroom with En-suite: The main bedroom features an en-suite bathroom for added

convenience. Additionally, the bedroom has a door that leads outside, providing direct access to the exterior of the property.

Exterior Features:

1. Flatlets: The property includes three separate flatlets, sharing two bathrooms. These are currently being used for rental purposes, offering potential

additional income.

2. Incomplete Bachelor Flats: There are four bachelor flats on the property that are

currently under construction. Each of these flats comes with its own kitchen and bathroom facilities.

3. Double Garage: A spacious double garage that provides secure parking for vehicles and additional storage space.

4. Entrances: The property boasts two entrances, offering convenience and flexibility for access.

5. Yard: A large yard area that can accommodate approximately six additional bachelor flats, providing further income potential and investment

opportunities.

6. Location: Situated on the main road, the property offers easy access to transportation routes, making commuting convenient for residents.

7. Proximity to Amenities: The property is within walking distance to the town and shopping centers, enhancing the convenience of daily life for its occupants.

8. Investment Opportunity: With its multiple rental units and income potential, this property presents a great investment opportunity for those seeking to generate rental income.

9. Current Income: The property currently generates an income of R6,500 from the existing rental units.

10. Estimated Extra Income: There is potential for an estimated extra income of R22,000, which can be achieved through the completion and rental of the four incomplete bachelor flats.

11. Estimated Gross ROI: The property offers an attractive estimated Gross Return on Investment (ROI) of 26%, making it a promising investment option.

This property in Delville provides a range of features and opportunities, from its well-appointed interior spaces to its income-generating potential, making it an appealing prospect for both homeowners and investors.

Please do not hesitate to give me a call, with Remax You Relax