A PROPERTY WITH ENDLESS INCOME GENERATING POTENTIAL IN THE HEART OF NORTHMEAD

R1,680,000
Property Details

For the investor looking for an income generating property this is a perfect option.

The main house offers 4 extra large bedrooms downstairs, with 2 bathrooms, a large farm style kitchen with a separate scullery/laundry area.

2 of the bedrooms are currently tenanted.

A large lounge with separate entertainment area and office space with sliding doors leading to the garden

Upstairs consists of a private suite with an extra large tiled bedroom, separate lounge area bathroom with bath/shower and walk in closet.

This area has the potential to be a 2 bedroom private flat with own entrance

There are two existing 2 bedroom flats, one with a separate entrance and private garden area, which is currently tenanted

a second 2 bedroom flat with an open plan kitchen / lounge .

A huge tiled bathroom with bath shower toilet and basin and private entrance

Domestic quarters with a separate bathroom consisting of a toilet, basin and shower. and own entrance.

Three large garages one being suitable for a caravan and one with a drive through to the fully walled private back garden.

Neat splash pool and covered carport suitable for an outside entertainment area.

Prepaid meter in the main house and meters in both the flats

With some vision this property could easily pay for itself and bring in a steady rental income.

Property Features
Property Type
House
Bedrooms
10
Bathrooms
6
Garages
6
Land Size
1,190m²
Living Area
3
Study
1
Costs and Terms
Rates & Taxes
±R738
Location
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