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R1,200,000 | 3 Bedroom House For Sale in Elsburg

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R1,200,000

7 Kopje Street, Elsburg, Germiston

Monthly Bond Repayment R11,980.55
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R700

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.

Features

3
1
1.5
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
3
Furnished
No
Exterior
Garages
1.5
Security
No
Flatlet
1
Pool
No
Sizes
Land Size
495m²
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-26.2438704, 28.2015833
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