R 1 000 000
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3 Bed House in Stanger Central

57 townview road, glenhills road
3 2 6 648 m²

House For Sale

Property Overview

Main House:

Bedrooms: 3

Bathrooms: 2

Living Areas: Open plan living, creating a spacious and versatile environment perfect for family gatherings and entertainment.

Garage: Single garage

Parking: Ample outside parking space for an additional 6 cars

Additional Income-Generating Units:

Units: 4 x 1-bedroom units

Income: Each unit generates R1200 per month, providing a total additional income of R4800 per month.

Key Features

Open Plan Living: The main house features open-plan living areas, creating a seamless flow between the kitchen, dining, and living spaces. This design enhances the feeling of space and light.

Garage and Parking: The single garage offers secure parking for the main house, while the additional parking space for 6 cars provides ample parking for tenants or guests.

Income Potential: The four 1-bedroom units offer a significant income opportunity, making this property an excellent investment for those looking to supplement their mortgage or generate passive income.

Financial Overview

Monthly Income from Units: R4800

Potential Annual Income: R57,600

Investment Benefits

Steady Rental Income: The additional units provide a consistent rental income stream, enhancing the overall financial viability of the property.

Versatility: The property can serve as both a comfortable family home and an income-generating asset.

Market Appeal: The ability to own a property whilst earning an income too, potentially increasing the propertys value over time.

Property details

  • Listing number T4678726
  • Property type House
  • Erf size 648 m²
  • Rates and taxes R 450

Property features

  • Bedrooms 3
  • Bathrooms 2
  • En-suite 2
  • Lounges 1
  • Dining Areas 1
  • Garages 1
  • Open Parkings 6
  • Flatlets
  • Pet Friendly
  • Garden

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