Are you looking for a large property to accommodate and extended family and still generate some rental income? Then look no further than this awesome investment opportunity comprising of a 3 bedroomed house, 2 bedroom flatlet and a bachelor pad. Subsidize your bond with the two rental units.
Situated in a quiet suburb of Mosely Park, this would suit a large extended family or just an investor wanting to rake in around R18000 per month on rentals. The main house has 3 spacious bedrooms (BIC), is fully tiled generates around R9000. Boasting a spacious lounge, tv lounge and dining room and 2 modern bathrooms. The kitchen is fully fitted and opens onto an enclosed courtyard.
There is ample parking with automatic access gate. The Gemini hut provides additional storage space. Call Now for an opportunity to view this property.
The two bedroom granny flat, generates an income of R7000 (+ lights and water). The current tenant will not mind staying on with the new owner and is very reliable. The granny flat is fenced off from the main housewith its own sliding gate and a double car port. The flat is fully tiled and fited with Aluminium windows. The spacious two bedroom unit also has a full family bathroom (bath, shower and loo). The open plan kitchen is fully fitted with an undercover oven and hob and granite tops. The spacious lounge and dining area, opens onto a large entertainment area overlooking the swimming pool.
The cherry on top is a batchelor flat currently generating an income of R2000. This unit comprises of an open plane lounge/ bedroom with a kitchenette and bathroom. This property has endless potential with a large backyard that could house another granny flat or two for those who want to further develop. The possibilities are endless, so dont hesitate to view this property.
Introduction
This bustling suburb called Pinetown offers its residents suburban peace mixed with urban practicality and is famous for its vibrant society, good infrastructure, and beautiful surroundings. If you are considering a move or would like to check out the neighbourhood, be sure that it will present you with diverse opportunities as well as create a conducive atmosphere.
A Brief History...
More Info
Sign-up and receive Property Email Alerts of Houses for sale in Moseley Park, Pinetown.
Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
