This freestanding house, located in Newlands, offers a great investment opportunity as it has been divided into two portions and includes an additional flatlet.
The house has been divided into two portions, providing flexibility for the owner. This allows for the possibility of living in one portion while renting out the other, or even renting out both portions for maximum rental income.
Portion A: This portion of the house features 2 bedrooms and 1 bathroom, making it suitable for a small family or a couple. The open plan kitchen and lounge area provide a spacious and comfortable living environment.
Portion B: With 4 bedrooms and 2 bathrooms, this portion offers ample space for a larger family or for individuals who prefer more room. The kitchen is equipped to handle the needs of a larger household.
Flatlet: The property also includes a separate flatlet, which is an added bonus. This self-contained unit features 2 bedrooms, 1 bathroom, an open plan kitchen and a lounge.
This property is currently rented out, providing an additional source of income. Investing in this property allows for potential long-term returns and the opportunity to generate rental income.
The property is situated in the desirable neighborhood of Newlands, which is known for its convenient access to amenities, schools, parks, and transportation options.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
