- 3
- 2
- 2
- 1 115 m2
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Property description
This 3 bedrooms, 2 bathrooms , that is located in Delville has a lot to offer:
Interior Features:
1. Entrance Hall: A welcoming entrance hall providing access to the various living spaces of the property.
2. Lounge: Spacious and well-lit lounge area, perfect for relaxation and entertainment with a closed fireplace, that can be open easily .
3. Dining Area: Adjacent to the lounge, a designated area for dining and enjoying meals with family and friends.
4. Newly Renovated Kitchen: A modern kitchen featuring brand-new fixtures and fittings.
The kitchen is adorned with a granite countertop, adding both functionality and aesthetic appeal.
5. Bedrooms: Three generously sized bedrooms, all equipped with built-in cupboards, providing ample storage space for personal belongings.
6. Main Bedroom with En-suite: The main bedroom features an en-suite bathroom for added
convenience. Additionally, the bedroom has a door that leads outside, providing direct access to the exterior of the property.
Exterior Features:
1. Flatlets: The property includes three separate flatlets, sharing two bathrooms. These are currently being used for rental purposes, offering potential
additional income.
2. Incomplete Bachelor Flats: There are four bachelor flats on the property that are
currently under construction. Each of these flats comes with its own kitchen and bathroom facilities.
3. Double Garage: A spacious double garage that provides secure parking for vehicles and additional storage space.
4. Entrances: The property boasts two entrances, offering convenience and flexibility for access.
5. Yard: A large yard area that can accommodate approximately six additional bachelor flats, providing further income potential and investment
opportunities.
6. Location: Situated on the main road, the property offers easy access to transportation routes, making commuting convenient for residents.
7. Proximity to Amenities: The property is within walking distance to the town and shopping centers, enhancing the convenience of daily life for its occupants.
8. Investment Opportunity: With its multiple rental units and income potential, this property presents a great investment opportunity for those seeking to generate rental income.
9. Current Income: The property currently generates an income of R6,500 from the existing rental units.
10. Estimated Extra Income: There is potential for an estimated extra income of R22,000, which can be achieved through the completion and rental of the four incomplete bachelor flats.
11. Estimated Gross ROI: The property offers an attractive estimated Gross Return on Investment (ROI) of 26%, making it a promising investment option.
This property in Delville provides a range of features and opportunities, from its well-appointed interior spaces to its income-generating potential, making it an appealing prospect for both homeowners and investors.
Please do not hesitate to give me a call, with Remax You Relax
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Laundry
- Fence
- Access Gate
- Kitchen
- Fire Place
- Entrance Hall
- Paving
| Bedrooms | 3 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 1 115 m2 |
