6 Bed House in Gatesville

R 2 750 000

6 Beds

2 Baths

2 Garages

Can I afford this?

Floor Area 138 m² Land Area 694 m² Rates R 790

This exceptional property presents a unique investment opportunity in the highly desirable suburb of Gatesville. Its prime location offers convenient access to bustling shops and is just a short 2-minute walk from the Gatesville mosque and Rylands schools.

Additionally, it is strategically situated near all essential amenities and major routes, ensuring easy connectivity.

The main house boasts a well-designed layout, featuring 2 bedrooms with built-in cupboards, a spacious fitted kitchen, a family bathroom, and an open-plan lounge and dining room. Connected to the main house is Flatlet 1, which includes a bedroom with built-in cupboards, an ensuite bathroom, and a lounge that can potentially be converted into a kitchen. At the rear of the property lies Flatlet 2, comprising a large fitted kitchen, a generous bedroom, and a family bathroom.

One of the standout features of this property is the open configuration between the main house and Flatlet 1, providing the main house with additional space and transforming it into a 4-bedroom, 2-bathroom residence. This versatile home is ideally suited for various scenarios, such as a small family seeking to generate rental income from the flatlets to supplement their bond payments, a large family looking to expand their living space to include 6 bedrooms and 3 bathrooms, or an average family desiring the convenience of working from home.

Furthermore, the property offers ample parking space for approximately 8 cars in the front, ensuring convenience and security. The pool, although in need of some maintenance, presents an exciting opportunity for potential buyers to re-imagine and enhance this outdoor feature. With endless possibilities and a highly sought-after location, this property represents a rare chance to make a sound investment in this coveted neighborhood.

Potential rental income for the property= R27 000 p/m

Shibnim Shaboodien is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.