3 Bedroom House in Mamelodi East

3-Bedroom House with Income-Generating Back Rooms in Mamelodi East Ext 5

Property Description

This versatile single-storey family home is situated in the vibrant neighborhood of Mamelodi East Extension 5. Perfectly tailored for a growing family or a smart property investor, the main residence features an open, functional layout connecting a comfortable lounge and dining area to a modern kitchen equipped with a full kitchen unit. Outside, the property boasts a neat garden space, a built-in braai for outdoor hosting, and two valuable external back rooms fitted with showers and built-in cupboardsideal for generating extra rental income or accommodating extended family.

Property Features

The main home consists of three well-proportioned bedrooms, all fitted with built-in cupboards for organized storage. The bathroom layout includes a central bathroom which consist of a bathtub, toilet and sink, paired with a convenient separate shower to streamline busy mornings. Additional living amenities include a separate laundry room, a single garage, and a built-in braai set within the garden area. The inclusion of two fully equipped back roomseach with its own shower and built-in cupboardsadds exceptional utility and income potential to the plot.

Local Amenities

Situated in Mamelodi East Extension 5, residents enjoy convenient access to essential amenities, public transport, and commercial hubs. Local shopping is easily accessible at Mahube MaxCity Shopping Centre and Mamelodi Square. Nearby educational facilities include Mamelodi Secondary School, Tsako Thabo Secondary School, and various primary schools. Healthcare services are close by at Stanza Bopape Community Health Centre and Mamelodi Regional Hospital, while major arterial roads provide straightforward connections to the Pretoria CBD and surrounding industrial areas.

Affordability and Repayment

At a purchase price of R780,000, a buyer securing a 100 home loan over a 20-year term at a standard prime interest rate of 10.75 can expect an estimated monthly bond repayment of approximately R7,918. Because financial institutions typically limit home loan repayments to 30 of a buyer''s gross monthly income, a single applicant or combined household needs a gross monthly income of around R26,393 to qualify. Buyers should also budget roughly R500 to R700 per month for municipal rates, taxes, and utilities.

Why Consider Buying This Property

High Income Potential: The two detached back rooms with private showers and built-in cupboards offer an immediate opportunity to collect monthly rental income to offset monthly bond repayments.

Exceptional Value for Money: Securing a 3-bedroom main home with a garage, laundry room, built-in braai, and external units under R800,000 is a rare investment opportunity in Pretoria.

Fully Fitted Interiors: All bedrooms in the main house feature built-in cupboards alongside a full kitchen unit, ensuring a move-in-ready experience with no immediate renovation costs.

Practical Family Layout: Featuring a separate laundry room and a dedicated separate shower in addition to the main bathroom, the home is highly functional for larger households.

Contact Information

For more information or to schedule an exclusive viewing, please contact Richard.