4 Bed House in Waterfall
We are proud to showcase our new Sole Mandate... Looking to start or grow your property investment portfolio? Do not miss this little Gem! The property is situated in Waterfall, within close proximity to Watercrest Mall.
The property is perfectly suited to someone who would like to live in the main house and derive a supplementary rental income from the spacious cottage, or have family residing on the same premises in their own private space. Whats more is that there is an unfinished cottage also, which could either be finished off for a second income generating cottage or could be incorporated into the main house as an enormous master suite or private guest suite.
Currently the owners have family residing in the completed cottage, but we estimate this cottage could easily rent out for R6,500 p/m (excluding utilities) and the unfinished cottage, once finished off, could rent out for about R6,000 p/m (excluding utilities), generating an income of around R12,500.00 p/m to supplement your bond.
The main house currently incorporates what could be the second cottage making it a 3.5 bedroom 3 bathroom house as it currently stands. Should one wish to complete into a second cottage, the main house will become a 2.5 bedroom home. The property extends just over 1,800sqm and has a beautiful, tranquil garden, and lovely views.
External features include electronic gates, car port, JoJo tanks and a small green house.
This is a great investment at an excellent price in a sought after area. Do not delay, contact us to arrange your private viewing. Viewing by appoint to pre-qualified buyers only.
Property details
- Listing number T4812065
- Property type House
- Erf size 1 805 m²
- Rates and taxes R 2 041
Property features
- Bedrooms 4
- Bathrooms 3
- Lounges 1
- Dining Areas 1
- Open Parkings 1
- Covered Parkings 1
- Flatlets
- Pet Friendly
- Access Gate
- Alarm
- Kitchen
- Water Included