R 1 200 000
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3 Bed House in Elsburg

3 1 1.5 495 m²

A well priced property with tons of possibilities!!

This property presents a fantastic opportunity for those looking to invest or take on a renovation project. It offers both residential and income-generating potential, with plenty of space to customize and enhance its value - The main house features three well-sized bedrooms, perfect for family living. There is one shared bathroom, which would benefit from upgrades to modernize the space.

The living areas include 2 lounges, providing ample room for relaxation or entertaining, and a separate dining room adjacent to the kitchen. The kitchen is equipped with built-in cupboards, offering convenient storage and functionality. Additionally, the house includes a single garage..

At the back of the property, a separate entrance leads to the tenant accommodation. This area includes 4 rooms that share a single bathroom, making it suitable for rental purposes. The tenant rooms currently generate a combined monthly income of R5,000, adding a valuable income stream to the property.

While the property requires significant renovations, it offers enormous potential. With the right upgrades, the main house can be transformed into a comfortable family home, while the tenant area can continue to provide a steady rental income. This is an ideal property for investors or those seeking a project to turn into their dream home.

Property details

  • Listing number T4903936
  • Property type House
  • Listing date 18 Dec 2024
  • Land size 495 m²
  • Rates and taxes R 700

Property features

  • Bedrooms 3
  • Bathrooms 1
  • Lounges 2
  • Dining areas 1
  • Garage parking 1.5
  • Flatlets
  • Pet friendly

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