4 Bedroom House in Wyebank

TWO PROPERTIES FOR THE PRICE OF ONE WYEBANK!

An exceptional investment opportunity with two residential properties and immediate rental income!

Discover this fantastic property investment opportunity in the safe and peaceful neighbourhood of Wyebank, close to New Germany.

Situated on one stand, this property offers a spacious four-bedroom main house together with two separate rental cottages, making it an ideal opportunity for a large family, extended family living or investors looking to generate additional monthly income.

MAIN HOUSE SPACIOUS FAMILY LIVING

- 4 spacious bedrooms, all fitted with built-in cupboards.

- Fully fitted kitchen with built-in cupboards.

- Spacious lounge.

- Family bathroom.

SECOND PROPERTY TWO RENTAL COTTAGES

The second property consists of two separate cottages, each offering:

- 2 bedrooms.

- Lounge.

- Kitchen.

Current rental income: R11,000 per month!

INVESTMENT HIGHLIGHTS

- Two separate entrances, allowing independent access to the main house and cottages.

- Generous yard with additional space for potential rental development.

- Existing rental income of R11,000 per month.

- Opportunity to increase rental returns through further development.

- Ideal for investors or families seeking additional accommodation.

AFFORDABLE INVESTMENT POTENTIAL

With an estimated monthly bond repayment of approximately R18,000, the existing cottage rental income of R11,000 per month could offset a significant portion of the instalment.

This leaves an estimated difference of only R7,000 per month, before rates, taxes, insurance, maintenance and other ownership costs. Actual bond repayments will depend on the buyer''s finance approval and lending terms.

LOCATION

Wyebank, near New Germany, KwaZulu-Natal.

Whether you are looking for a spacious family home, accommodation for extended family or an investment property with existing rental income and room to grow, this is an opportunity worth considering!

TWO PROPERTIES. ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES!

Contact us today to arrange a viewing and explore the potential of this property.