3 Bed House in Newlands West
Jazmax Estate Agents has just listed this income-generating property in Newlands West. This freestanding corner property features three separate units, making it an attractive investment opportunity.
THE MAIN HOUSE FEATURES:
3 Bedrooms
Lounge
Dining Room
Fitted Kitchen
General Bathroom with a separate toilet
GRANNY FLAT 1:
2 Bedrooms
Lounge/Kitchen
General Bathroom
GRANNY FLAT 2:
2 Bedrooms
Lounge/Kitchen
General Bathroom
The property is fully fenced and has a good size yard with drive in access and carport.
The homes location offers easy access to schools, places of worship, public transport, and essential amenities. Moreover, the N2 freeway is within reach, simplifying your daily commute.
Both Granny flats are currently rented out with a combined rental income of R9000 per month.
You can live in the main building and continue renting out the two granny flats.
Alternatively, you can rent out the main building along with the two granny flats, potentially increasing your total rental income. This option could allow the property to pay for itself.
Call us now for a private viewing
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Property details
- Listing number T4704981
- Property type House
- Erf size 557 m²
- Rates and taxes R 1 106
Property features
- Bedrooms 3
- Bathrooms 1
- Lounges 1
- Dining Areas 1
- Built In Cupboards
- Fenced
- Kitchen
- Garden