R1,950,000
Monthly Bond Repayment R21,132.29
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R720
IF YOU FLIP IT, IT WONT FLOP!!!
Welcome to this incredible investment opportunity! This house, located in the central part of town, is perfect for those looking to flip and generate income. Despite its current neglected state, its prime location just a stone's throw away from the main road makes it ideal for business ventures, such as office space or even an office park conversion.
The main building of the property offers ample space with 4 bedrooms, including 2 en-suite bedrooms featuring walk-in closets and even a nursery. You'll also find 2 spacious living areas, a dining area, bar, and a well-spaced kitchen, ensuring that there's plenty of room for entertainment and comfortable living.
In addition to the main house, there are two separate buildings on the property. The first building offers a cozy 1-bedroom flat, while the second building provides a generous 2-bedroom flat with extra storage space. These additional units add great potential for rental income or accommodating extended family members.
Sitting on a generous 2300 square meter stand, there is plenty of outdoor space waiting to be transformed. With some TLC and renovation work, this property has the potential to become a lucrative investment opportunity, whether as an office space or an office park conversion.
Don't miss out on this chance to turn this neglected and vandalized house into an income-generating gem! Contact us today to schedule a viewing and discover the possibilities that await you.
Features
Interior
Exterior
Sizes
Extras
Borehole • Access Gate • Electric Fencing • Fence • Pets Allowed • Pool • Built-in-Braai • Fireplace • Walk-in Closet • Entrance Hall • Garden Cottage • Lapa • Pantry • Patio • ReceptionGet Email Alerts
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