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R1,149,099 | 5 Bedroom Freehold For Sale in Primrose

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R1,149,099

Monthly Bond Repayment R12,056.99
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R983

Investment Opportunity: Spacious 5-Bedroom Property in Primrose with High Income Potential!!!

Seize this exceptional investment opportunity in Primrose! This versatile property offers a main house with 3 bedrooms, a self-contained cottage, and an additional outside room, all set on a generous plot. With a potential rental income of R6000 per month from the cottage and outside room alone, plus an estimated R9000 per month from the main house, this property promises significant returns without requiring subdivision.

Property Features:

Main House:

3 Bedrooms: Spacious and well-appointed, ideal for family living.
2 Bathrooms: Includes an en-suite for the master bedroom.
Living Areas: Comfortable lounge and dining room for everyday relaxation and entertaining.
Kitchen: Functional and ready for your personal touch.
Fully Enclosed Porch: Equipped with plumbing for a washing machine and a washbasin.
Parking: Garage plus a driveway and front yard that can accommodate up to 6 cars.
Additional Facilities: Outside toilet available for the outside room.
Cottage:

Bedroom
Bathroom
Kitchenette
Dining Room
Additional Outside Room: Perfect for rental income or guest accommodation.

Potential for Expansion:

Ample Space: Large yard with room to build additional income-generating units if desired.
Prime Location:

Proximity to Amenities: Close to Life Roseacre Hospital and other essential services and conveniences.
This competitively priced property is a rare find with huge income potential. Don’t miss out on this lucrative opportunity. Call now for a viewing!

Features

5
2
Pets Allowed
No
Interior
Bedrooms
5
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
Yes
Parkings
3
Flatlet
2
Pool
No
Sizes
Floor Size
246m²
Land Size
881m²
1
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