R 1 700 000
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3 Bedroom House in Penina Park

3 2 1 1 040 m² 385 m²

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

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