3 Bed House in Merrivale

Old spacious investment property

Discover a unique investment opportunity with this spacious property, perfectly situated in a desirable semi-industrial residential area.

This property is a true treasure, delivering a solid monthly return of ZAR 9,300, inclusive of water costs.

Set on an expansive 2,000-square-meter lot, the potential for further development is vast and inviting.

The main residence features three bedrooms, two bathrooms, a garage, and a welcoming lounge with elegant wooden flooring. The kitchen and dining areas, with their stylish tiled floors, offer both practicality and sophistication.

In addition to the main house, theres a charming cottage on the property. Equipped with its own prepaid meter, this cottage has rental potential of ZAR 700, making it ideal for young professionals seeking a shared living environment.

Parking is a breeze with ample space available under the attractive carport.

Seize this opportunity to invest in a property that combines charm with excellent financial returns. Dont let this captivating chance slip away!

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.