R4,500,000
Monthly Bond Repayment R44,927.09
Calculated over 20 years at 10.5% with no deposit.
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Monthly Levy
R2,250
R2,250
Monthly Rates
R2,900
R2,900
A Renovators Dream in a Prime Location
Unlock the potential of an expansive property in a sought-after boomed suburb, offering a rare combination of space, income-generating accommodation and exciting renovation potential.
Set in a desirable and conveniently located area, this substantial property presents an excellent opportunity for investors, renovators or buyers looking to create a bespoke family residence while benefiting from additional rental income.
The Main Residence
The spacious main house offers:
• 4 well-sized bedrooms
• 2 bathrooms
• 2 lounges, providing generous living and entertainment space
• Open-plan dining area
• Large family room
• Covered patio, ideal for relaxed outdoor entertaining
• Well-appointed kitchen
• Laundry alcove
• Practical mudroom
• Double automated garage
• Staff room
While the property would benefit from refurbishment and modernisation, its generous proportions and existing layout provide an excellent foundation for transformation.
Five Fully Tenanted Income-Producing Cottages
A significant advantage of this property is the inclusion of five established, fully tenanted cottages, providing an immediate rental income stream from day one.
The accommodation comprises:
• 1 studio unit
• 3 one-bedroom cottages
• 1 two-bedroom dwelling
All five cottages are currently tenanted and pet-friendly, offering the new owner an established rental portfolio without the need to source tenants from the outset.
The cottages provide an excellent opportunity to generate ongoing rental income while renovating or modernising the main residence, making this an attractive proposition for investors looking for both immediate returns and long-term capital growth.
Additional Features
• Borehole providing an alternative water supply
• Double garage
• Staff accommodation
• Five separate rental cottages
• Pet-friendly cottage accommodation
• Situated within a secure boomed suburb
• 24-hour security
• Established infrastructure with excellent scope for improvement and modernisation
A Strategic Investment Opportunity
The property’s location places it within convenient reach of shopping centres, schools, restaurants, healthcare facilities, sporting amenities and major transport routes, including Lanseria Airport.
This makes it attractive not only as a family home but also as an income-producing investment, extended-family property or redevelopment opportunity, subject to the relevant approvals.
Properties offering this combination of accommodation, income potential, security and location are seldom available.
If you are looking for a property where vision, renovation and strategic investment can unlock substantial potential, this could be the opportunity you've been waiting for.
Explore the possibilities for yourself and see how this property could be transformed into an exceptional family home and income-generating investment.
Contact us today to arrange a private viewing.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Set in a desirable and conveniently located area, this substantial property presents an excellent opportunity for investors, renovators or buyers looking to create a bespoke family residence while benefiting from additional rental income.
The Main Residence
The spacious main house offers:
• 4 well-sized bedrooms
• 2 bathrooms
• 2 lounges, providing generous living and entertainment space
• Open-plan dining area
• Large family room
• Covered patio, ideal for relaxed outdoor entertaining
• Well-appointed kitchen
• Laundry alcove
• Practical mudroom
• Double automated garage
• Staff room
While the property would benefit from refurbishment and modernisation, its generous proportions and existing layout provide an excellent foundation for transformation.
Five Fully Tenanted Income-Producing Cottages
A significant advantage of this property is the inclusion of five established, fully tenanted cottages, providing an immediate rental income stream from day one.
The accommodation comprises:
• 1 studio unit
• 3 one-bedroom cottages
• 1 two-bedroom dwelling
All five cottages are currently tenanted and pet-friendly, offering the new owner an established rental portfolio without the need to source tenants from the outset.
The cottages provide an excellent opportunity to generate ongoing rental income while renovating or modernising the main residence, making this an attractive proposition for investors looking for both immediate returns and long-term capital growth.
Additional Features
• Borehole providing an alternative water supply
• Double garage
• Staff accommodation
• Five separate rental cottages
• Pet-friendly cottage accommodation
• Situated within a secure boomed suburb
• 24-hour security
• Established infrastructure with excellent scope for improvement and modernisation
A Strategic Investment Opportunity
The property’s location places it within convenient reach of shopping centres, schools, restaurants, healthcare facilities, sporting amenities and major transport routes, including Lanseria Airport.
This makes it attractive not only as a family home but also as an income-producing investment, extended-family property or redevelopment opportunity, subject to the relevant approvals.
Properties offering this combination of accommodation, income potential, security and location are seldom available.
If you are looking for a property where vision, renovation and strategic investment can unlock substantial potential, this could be the opportunity you've been waiting for.
Explore the possibilities for yourself and see how this property could be transformed into an exceptional family home and income-generating investment.
Contact us today to arrange a private viewing.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
3
Furnished
No
Exterior
Garages
2
Security
Yes
Flatlet
5
Domestic Accomm.
1
Pool
No
Sizes
Floor Size
500m²
Land Size
8,565m²
Shanday Andrews
Candidate Property Practitioner Registered with PPRA(FFC 202523019800000) Show number View my listings WhatsApp
William Stephens
Principal Property Practitioner Registered with PPRA(FFC 202624013020000) Show number View my listings WhatsApp
