Investment Opportunity: 2-Bedroom Home with Two Flatlets in Shallcross!
Looking for a property with significant income-generating potential? This split-level home in Shallcross is an ideal investment, perfectly positioned for convenience and rental demand.
The Main House offers two spacious bedrooms with built-in cupboards, an en-suite bathroom, and a kitchen equipped with cupboards, Formica tops, and space for a freestanding stove. While this home could use a little tender loving care, it has the potential to generate approximately R5,000 per month in rental income (excluding utilities).
Additional Income Streams:
Flatlet One: This two-bedroom unit features a lounge, kitchen, and bathroom, with an estimated rental income of R4,000 per month.
Basement Flatlet Two: A comfortable one-bedroom unit with a large lounge, kitchen, and bathroom, capable of fetching around R3,500 per month in rental income.
Please note: The new owner will be responsible for installing prepaid water and electricity meters for each unit.
Property Highlights:
Road Level Access: The main house is conveniently located at road level.
Ample Parking: A spacious front yard provides parking for approximately four vehicles.
Prime Location: Enjoy close proximity to essential amenities, including Check Save shopping centre, Marklands Secondary School, Malvern Primary School, medical facilities, and other major shopping centers in Shallcross.
Don't miss out on this fantastic opportunity to own a property with excellent rental income potential in a sought-after area!
The Main House offers two spacious bedrooms with built-in cupboards, an en-suite bathroom, and a kitchen equipped with cupboards, Formica tops, and space for a freestanding stove. While this home could use a little tender loving care, it has the potential to generate approximately R5,000 per month in rental income (excluding utilities).
Additional Income Streams:
Flatlet One: This two-bedroom unit features a lounge, kitchen, and bathroom, with an estimated rental income of R4,000 per month.
Basement Flatlet Two: A comfortable one-bedroom unit with a large lounge, kitchen, and bathroom, capable of fetching around R3,500 per month in rental income.
Please note: The new owner will be responsible for installing prepaid water and electricity meters for each unit.
Property Highlights:
Road Level Access: The main house is conveniently located at road level.
Ample Parking: A spacious front yard provides parking for approximately four vehicles.
Prime Location: Enjoy close proximity to essential amenities, including Check Save shopping centre, Marklands Secondary School, Malvern Primary School, medical facilities, and other major shopping centers in Shallcross.
Don't miss out on this fantastic opportunity to own a property with excellent rental income potential in a sought-after area!
Monthly Rates
R494
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
