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R 1 950 000
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7 Bedroom House for Sale in Caversham Glen

Caversham Glen, Pinetown
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  • Bedrooms 7
  • Bathrooms 4
  • Garages 2
  • Erf Size 899 m²
    • m²: 899 m²
    • Hectares: 0.09 ha
    • Acres: 0.222 acres
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Nomusa Malunga

Investors, pay attention to this incredible opportunity in Caversham Glen, Pinetown!

Presenting a fabulous income-earning home that currently operates as a tenanted property, this residence is divided into four separate units, each generating a steady rental income.

Unit 1 sets the standard with its generous layout featuring three bedrooms, two bathrooms, a dining room, a spacious lounge, and a well-equipped kitchen. This unit commands a monthly rental income of R7000, making it an excellent investment choice.

Unit 2 offers a cozy one-bedroom space, complete with an open plan lounge and kitchen. Generating a rental income of R3200 per month, this unit appeals to individuals or couples seeking a comfortable living environment.

Unit 3 presents a bachelor unit, featuring a shower and a practical layout. With a rental income of R2500 per month, this unit provides an affordable and compact living arrangement for tenants.

Unit 4 mirrors the layout of Unit...

Presenting a fabulous income-earning home that currently operates as a tenanted property, this residence is divided into four separate units, each generating a steady rental income.

Unit 1 sets the standard with its generous layout featuring three bedrooms, two bathrooms, a dining room, a spacious lounge, and a well-equipped kitchen. This unit commands a monthly rental income of R7000, making it an excellent investment choice.

Unit 2 offers a cozy one-bedroom space, complete with an open plan lounge and kitchen. Generating a rental income of R3200 per month, this unit appeals to individuals or couples seeking a comfortable living environment.

Unit 3 presents a bachelor unit, featuring a shower and a practical layout. With a rental income of R2500 per month, this unit provides an affordable and compact living arrangement for tenants.

Unit 4 mirrors the layout of Unit 1, boasting three bedrooms, two bathrooms, a dining room, a spacious lounge, and a fitted kitchen. This impressive unit commands a rental income of R7000 per month, delivering substantial returns on your investment.

Notably, this property offers the advantage of pre-paid electricity, ensuring convenient management and simplified billing for both landlords and tenants. Water expenses are shared among the units, further streamlining the operational aspects of this income-earning property.

Additionally, this property holds tremendous potential as it can easily be converted back into a single-family home, complete with a flatlet and a garage. This flexibility allows for versatile usage options, accommodating the changing needs and preferences of future owners.

Don't miss this remarkable opportunity to acquire an income-generating property with the potential for conversion into a spacious single-family home with a flatlet and garage. Act now and secure your investment in Caversham Glen, Pinetown.

Read More
Bedrooms Bedrooms: 7
Bathrooms Bathrooms: 4
Parking Parking: 2
Pet Friendly Pet Friendly
Flatlet Flatlet
Garden Garden
Listing number: P24-112979074, Image number: 1
Listing number: P24-112979074, Image number: 2
Listing number: P24-112979074, Image number: 3
Listing number: P24-112979074, Image number: 4
Listing number: P24-112979074, Image number: 5
Listing number: P24-112979074, Image number: 6
Listing number: P24-112979074, Image number: 7
Listing number: P24-112979074, Image number: 8
Listing number: P24-112979074, Image number: 9
Property Overview
Listing Number
112979074
Type of Property
House
Description
Double Storey
Listing Date
20 July 2023
Erf Size
899 m²
Rates and Taxes
R 895
Pets Allowed
Yes
Bedrooms
7
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bathrooms
4
Kitchen
Domestic Rooms
1
Lounges
3
Lounge 1
Lounge 2
Lounge 3
Dining Rooms
2
Dining Room 1
Dining Room 2
Rooms
Patio
Parking
2
Garden
Yes
Pool
Fenced
Security
Burglar Bars
Flatlet
Yes
Backup Water
No
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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Property24's Terms & Conditions and Privacy Policy.

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