R 3 995 000
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7 Bed House in Diep River

7 4 410 m²

Income Generating Property with Two Additional Dwellings

This prime property is an incredible opportunity to accommodate extended family or to earn rental income from the 2 additional dwellings. Whether you are a first-time buyer, a growing family or an investor - this property is for you!

It is situated in the desirable suburb of Diep River, which is well known for its family friendly atmosphere and being conveniently situated to many amenities. Property values have shown consistent growth, and properties with additional dwellings are particularly sought after. This home offers both immediate rental income and long-term capital appreciation. The property is within walking distance to both Bergvliet High and Primary schools as well as Sweet Valley Primary.

Shopping- Close to the 3 Arts and Meadowridge Shopping Centers.

Parks and Recreation-Nearby Wine Farms viz Groote Constantia ,Buitenverwagting and Wynberg Park for family time.

Transport -Easy access to major highways and public transportThe Main Househas 3-bedrooms that is spacious and well -appointed, that offers comfort and style. The kitchen is functional with plenty of storage and counter space. The bedrooms are generously sized, with large windows that let in plenty of light. The master bedroom features an en-suite bathroom, providing a private retreat for the homeowners. The main house also has a study, which can be utilized as a fourth bedroom.

Additional Dwelling 1 -this 2nd floor apartment is a self-contained unit that''s perfect for generating rental income. It features a bedroom with built in wardrobes, a full bathroom and an open plan living and dining area with a compact kitchen. The unit has its own private entrance and balcony providing complete independence of the main house.

Additional Dwelling 2-This ground floor 3-bedroom dwelling is another self-contained unit that offers even more flexibility and income potential. The bathroom includes a shower basin and toilet. Has a cozy living area with a kitchenette and like the first additional dwelling also has its own private entrance that is independent of the main home.Energy Efficiency -The two additional units are run by energy generated from solar panels. Each dwelling has its own pre-paid electric meter.Parking -the Property offers two separate car ports and parking for at least 6 cars.

Income Potential:The two additional dwellings offer a fantastic opportunity for generating extra income. Whether you choose to rent them long term or use them as Air bnb units, the demand for rental properties in Diep River is high. This can significantly offset your mortgage or provide a steady stream of passive income.

Contact me soonest as to not miss this incredible opportunity.

Property details

  • Listing number T4763932
  • Property type House
  • Listing date 26 Aug 2024
  • Land size 410 m²
  • Rates and taxes R 1 500

Property features

  • Bedrooms 7
  • Bathrooms 4
  • Lounges 3
  • Dining areas 1
  • Flatlets
  • Pet friendly
  • Study
  • Garden

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