3 Bedroom House For Sale in Elsburg
R1,200,000
7 Kopje Street
Monthly Bond Repayment R12,591.07
Calculated over 20 years at 11.25% with no deposit.
Web Ref No JRL26098
A well priced property with tons of possibilities!!
This property presents a fantastic opportunity for those looking to invest or take on a renovation project. It offers both residential and income-generating potential, with plenty of space to customize and enhance its value - The main house features three well-sized bedrooms, perfect for family living. There is one shared bathroom, which would benefit from upgrades to modernize the space.
The living areas include 2 lounges, providing ample room for relaxation or entertaining, and a separate dining room adjacent to the kitchen. The kitchen is equipped with built-in cupboards, offering convenient storage and functionality. Additionally, the house includes a single garage..
At the back of the property, a separate entrance leads to the tenant accommodation. This area includes 4 rooms that share a single bathroom, making it suitable for rental purposes. The tenant rooms currently generate a combined monthly income of R5,000, adding a valuable income stream to the property.
While the property requires significant renovations, it offers enormous potential. With the right upgrades, the main house can be transformed into a comfortable family home, while the tenant area can continue to provide a steady rental income. This is an ideal property for investors or those seeking a project to turn into their dream home.