R 1 950 000
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3 Bed House in Glen Marais

3 2 3 981 m² 427 m²

ENCLOSED AREA

Exceptional Investment Opportunity: Versatile Corner Stand Property

- **Size:** 987 m

- **Location:** Prime corner stand

Unit 1: Beautifully Renovated Two-Bedroom Unit

- **Rental Income:** R10,000 per month (excluding water and prepaid electricity)

- **Features:**

- Extra-large open-plan lounge and dining room with high ceilings and hanging ball lights

- Separate kitchen with granite countertops, ample cupboard space, and a gas stove. Double Eye Level ovens

- Gas geyser

- Two bedrooms with built-in cupboards the main bedroom opens to a private courtyard

- Family bathroom with bath and shower

- Linen closet

- Private garden with patio and shaded cover

- Own entrance for parking

Unit 2: Cozy One-Bedroom Apartment

- **Rental Income:** R5,500 per month (including water)

- **Features:**

- Lounge and dining room

- Linen closet

- Cozy kitchen with an electrical stove

- Bathroom with shower and bathtub

- Large garden at the back and side of the property

- Separate entrance on the road outside the enclosure

- Prepaid electricity and gas geyser

Additional Features:

- **Double Garage:** Potential for conversion into a shop or office. With sliding door and tiled.

- **Wooden Shack:** Ideal for use as a studio 70m2 (note: no electricity in this unit)

Why This Property?

- **Versatility:** Multiple rental units with current income streams

- **Potential:** Opportunity to convert and expand usage (e.g., shop, office, studio)

- **Privacy:** Separate entrances and private gardens for each unit

Property details

  • Listing number T4701214
  • Property type House
  • Listing date 8 Jul 2024
  • Land size 981 m²
  • Floor size 427 m²
  • Rates and taxes R 1 437

Property features

  • Bedrooms 3
  • Bathrooms 2
  • Lounges 2
  • Dining areas 1
  • Garage parking 2
  • Covered parking 1
  • Pet friendly
  • Kitchen

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