Discover this versatile property in the heart of Vincent, offering a 3-bedroom, 2-bathroom house with a spacious lounge, dining area, and a well-equipped kitchen featuring a built-in stove and eye-level oven. The property comes complete with a refreshing swimming pool and sits on a large erf, sharing a driveway with two units on a subdivided portion.
Originally a two-level house, the lower level has been ingeniously converted into multiple flats. The original double garage has transformed into a 1-bedroom flatlet with an en-suite, open-plan lounge, and kitchen. The lower level now features a separate 2-bedroom flat with a bathroom, an open-plan lounge and kitchen, complete with a storage room leading to a laundry area.
Additionally, a third flat, originally domestic quarters, comprises a bedroom, bathroom, and kitchenette, offering a standalone living space. This property exudes timeless charm with its original aesthetics.
An outstanding investment opportunity, the property generates a substantial monthly income of approximately R24,000, making it an attractive proposition for savvy investors seeking rental returns. Don't miss out on this unique Vincent property with immense potential. Call now to arrange a viewing!
Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle.
A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches.
In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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Market value
R2,295,000
Offers from
R2,200,000
Offers for this listing must be made in R10,000 increments. More Info
Sonia Slabbert
Candidate Property Practitioner Registered with PPRA (FFC 123 498 7)
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
