R 2 150 000
3 Bed House in Bayswater
Investors Dream 5 in 1
With a little renovation this is an excellent investment property with profitable rental income.
1.Main house consists of 3 bedrooms, sunny lounge, entertainment area, 2 bathrooms, farm style kitchen with separate scullery, large back yard
with a fair size swimming pool.
2.Outbuilding witch can be transformed into a bachelor flat at minimal cost adding to the current rental income.
3. There is a one bedroom flat, with a lounge, shower, toilet and kitchen current rental income.
4.3 Bedroom flat with a lounge, kitchen, shower and toilet with a carport. Current rental income. The combined current rental income at R10 000
per month.
5.At the front of the house is also the possibility to create a bachelor flat.
The total rental income of this property can easily cover the bond repayment.
This property is situated in central Bayswater and is in close proximity of 3 shopping centres, malls and schools and a community clinic.
Contact me urgently for an appointment to view this old lady as I dont think it is going to be on the market for too long.
Property details
- Listing number T4206665
- Property type House
- Erf size 1930 m²
- Rates and taxes R 2 400
Property features
- Bedrooms 3
- Bathrooms 3
- Lounges 1
- Open Parkings 1
- Flatlets
- Pool