4 Bedroom House in Vanes Estate

For the investor with vision - a flip waiting to happen!

Exclusive Mandate

This property offers exceptional potential for restoration, multi-income living or a profitable flip. The existing tenants are open to remain under new ownership, depending on plans for the property, making this an ideal opportunity for investors seeking immediate rental income.

Property Features

Main House: 4 bedrooms, including one cozy room ideal for a dedicated study or home office

Bathrooms: 2.5 bathrooms 1 en-suite, 1 full family bathroom, plus a separate guest toilet

Additional Accommodation: 2 flats, each with private access

Security: Enclosed front yard with palisade fencing

Access: 2 main front gate entrances

Parking: 3 designated undercover parking areas a tandem carport on the left side of the main house, a double carport on the right, and an additional undercover space in the backyard which could conveniently serve the larger flat if the dividing wall on the left side is removed

Stand Size: Spacious erf with ample potential for improvements or future expansion

Beyond its flip potential, owning this property provides long-term security and stability - a valuable asset for resale or leverage as you plan for the future. With two flats and a main house, the income-generating possibilities are significant.

With the right strategy, you could comfortably live in one of the flats while using the rental income from the main house and front flat to substantially offset your bond repayments - and possibly even generate a surplus. This extra income could be put toward renovations, household costs, or accelerating bond reduction.

The main house does need TLC, but improvements can be done affordably. Even temporary, loose-standing kitchen cabinetry can refresh the space at a fraction of the cost of a fitted kitchen.

Estimated rental potential:

- Main house: R7,000 per month

- Front flat: R3,500 per month plus water & electricity

This setup could cover a large portion or more of your bond, allowing the property to start working for you from day one. Over time, youd be investing in your own future, not someone elses.

Contact me today to schedule your private viewing!

Disclaimer: All information is provided in good faith. While every effort has been made to ensure accuracy, no responsibility will be accepted for errors or omissions.