• 3
  • 2
  • 1 690 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 1100.00

Property description

This wonderful home is ready to be occupied, and it comes with great features. The first feature of the property is the newly renovated 1
bedroom granny flat. The unit comes with a kitchen, lounge, bedroom, and en-suite bathroom. 

The granny flat can generate a potential income of R4 000pm. Walking distance from the granny flat you have the 3 bedroom house. The house has beautiful parquet flooring and a spacious lounge. Entering the home, you have the dining room next to the kitchen. The kitchen is fully fitted. The house is enormous compared to other properties. Each room has enough built-in cupboards to even accommodate your skeletons. Each bedroom
comes fitted with an air conditioning unit and built-in cupboards. 

 

The remainder of the property has a fully fenced, enclosed pool area that offers you the convenience of security minors around. The property is well established to cater to guests as there is a tremendous amount of yard space, multiple built-in braai areas, and enough parking to accommodate
all the guests.  

 

at the back of the property, you have servant quarters that are currently not in use, and a 1 bedroom, lounge, kitchen, and bathroom wendy
hut that can also generate a potential income of R4 000.00. You can either purchase the property and rent out the two flatlets to subsidize the bond, or you can buy the property and rent out the entire property to multiple tenants.  

 

property bonded at 7.75% equal repayment of R 14 736.00 deduct the potential rental income of R 8000.00 and you only pay R 6 736.00 for a 3 bedroom house, pool with 2x 1x bedroom flatlets in Escombe. 

 

OR 

Rent out the main house and get a potential income of R 11000 rent out the 2x 1x bedroom flatlets at a combine R 8 000.00 deduct the bond repayment R 14 736.00 remove the rate of R 1 100.00 and you have a potential positive cash flow of R 3 164.00 

 

FREE REAL ESTATE!! 

 

The house is well situated near all amenities and conveniently access all major roads. 

 

Property Details

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Ensuite
  • 1 Lounges
  • 1 Dining Area
  • 1 Flatlet

Property Features

  • Patio
  • Pool
  • Aircon
  • Pets Allowed
  • Fence
  • Access Gate
  • Alarm
  • Kitchen
  • Built In Braai
  • Garden Cottage
  • Garden
  • Intercom