This clean house offers a home and an income stream to contribute towards the bond repayment for someone who wants to stay. Otherwise, the whole investment yields a monthly income of R10 000.
The open-plan lounge comfortably accommodates a lounge suite including a centrepiece. This tiled living room is quite spacious and good for relaxation after a day's work. The open-plan kitchen has ample cupboards and elegant melamine surfaces. Tiled floors and a single sink provide sufficient room to work while in the kitchen.
The large main bedroom boasts an en-suite bathroom with shower, toilet and basin. The king-sized bedroom is tiled with huge built-in cupboard space to accommodate any necessary packing that may be required. The other two bedrooms are double size, tiled and well-lit.
The cottage has a comfortable lounge area which also has cupboard space. The kitchenette is endowed with a lot of cupboards and has a single sink. The bedroom boasts plenty of built-in wardrobe space for convenience. The bathroom has a shower, toilet and basin. The whole area is tiled.
The yard has been well looked after and provides a paved driveway and space for further development as may be required. There is a double carport and the yard easily accommodates five cars. The walled and gated property is located close to Ext 0 shopping centre, filling station, Cosmo Mall as well as transport and other facilities.
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History
Roodepoort, meaning red valley, was established in 1886 as one of four Witwatersrand goldfields. With 98% of South Africa's gold production coming from this area, Roodepoort homeowners can literally say, their town is built on gold.
Following the discovery of massive amounts of gold on the Witwatersrand and the need for a major town west of the reef, Krugersdorp was founded in 1887.
In 1961 South...
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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.
