3 Bedroom House in Penina Park
3 Bedroom Home with Income Generating Flatlet and Great Renovation Potential
On a 1040sqm stand, this 3 bedroom, 2 bathroom home presents a fantastic opportunity for buyers with vision and creativity. While the property requires maintenance and renovation, it offers solid bones, a flexible layout, and immense potential for transformation into a modern family haven or investment project.
The main house offers spacious living areas, with four air conditioning units ensuring year-round comfort. A built-in braai area provides the perfect setting for entertaining and family gatherings, while the living, kitchen, and dining spaces are ideal for reimagining into a stylish and functional layout. The three bedrooms are comfortably sized, and the two bathrooms cater to the needs of a growing family.
Adding further value is a separate one-bedroom flatlet with its own bathroom and open-plan lounge and kitchen area. Currently tenanted, the flatlet generates steady rental income, making it ideal for investors or those seeking a dual-living setup.
Outdoors, the property features a swimming pool in need of refurbishment that could become a stunning centrepiece for outdoor relaxation. The sprawling garden offers ample space for landscaping, childrens play areas, or future extensions, with the size of the stand allowing for a wide range of possibilities.
Though the property requires a bit of TLC, it holds tremendous potential for the right buyerwhether you''re looking to renovate for personal use, flip for resale, or retain as a rental property. The combination of space, income potential, and location makes this a valuable find in the market.
Don''t miss out on this rare opportunity to unlock the full potential of this well-located property and make it truly your own.
Contact me today to arrange a viewing and explore the possibilities.
Property details
- Listing number T5126235
- Property type House
- Listing date 23 Jun 2025
- Land size 1 040 m²
- Floor size 385 m²
- Rates and taxes R 1 571
Property features
- Bedrooms 3
- Bathrooms 2
- Lounges 1
- Dining areas 2
- Garage parking 1
- Flatlets
- Pet friendly
- Pool
- Tv
- Garden
- Intercom
- Electric fencing
- Guest toilet
- Built In braai