3 Bed House in Stanger Central
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
- Listing date 19 Jun 2024
- Land size 648 m²
- Rates and taxes R 450
Property features
- Bedrooms 3
- Bathrooms 2
- En-suite 2
- Lounges 1
- Dining areas 1
- Garage parking 1
- Open parking 6
- Flatlets
- Pet friendly
- Garden