Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 1 490 000

5 Bedroom House for Sale in Mandalay

Mandalay, Mitchells Plain
  • Bedrooms 5
  • Bathrooms 4
  • Garages 7
  • Erf Size 510 m²
    • m²: 510 m²
    • Hectares: 0.051 ha
    • Acres: 0.126 acres
Prime Investment Opportunity: 2-Bedroom Home with 3 Income-Generating Flatlets

Sole and Exclusive:

Explore this fantastic property featuring a cozy 2-bedroom, 1-bathroom house alongside three self-contained flatlets, each equipped with its own kitchenette, bathroom, meter box, and geyser. With an impressive income of approximately R 11,000 per month, this property is perfect for investors or families looking to maximize rental income.

Property Highlights:

• Main House: Comfortable living space with two well-sized bedrooms and a modern bathroom.

• Self-Contained Flatlets: Three spacious flatlets, each providing privacy and convenience with their own kitchenettes and bathrooms.

• Strong Rental Income: Flatlets collectively generate about R 11,000 per month, ensuring a great return on investment.

• Individual Meter Boxes and Geysers: Efficient utility management for each flatlet, enhancing tenant satisfaction.

• Ample Parking: Sufficient...

Sole and Exclusive:

Explore this fantastic property featuring a cozy 2-bedroom, 1-bathroom house alongside three self-contained flatlets, each equipped with its own kitchenette, bathroom, meter box, and geyser. With an impressive income of approximately R 11,000 per month, this property is perfect for investors or families looking to maximize rental income.

Property Highlights:

• Main House: Comfortable living space with two well-sized bedrooms and a modern bathroom.

• Self-Contained Flatlets: Three spacious flatlets, each providing privacy and convenience with their own kitchenettes and bathrooms.

• Strong Rental Income: Flatlets collectively generate about R 11,000 per month, ensuring a great return on investment.

• Individual Meter Boxes and Geysers: Efficient utility management for each flatlet, enhancing tenant satisfaction.

• Ample Parking: Sufficient space for all vehicles, plus additional parking available for visitors.

• Expansion Potential: Room to add more flatlets or further develop the property as desired.

• Borehole Water: Sustainable and cost-effective water source for the entire property.

• Remote-Controlled Gate: Added security and convenience with easy access.

• Carport: Ideal for parking and entertaining guests under a shaded area, perfect for gatherings.

Bedrooms Bedrooms: 5
Bathrooms Bathrooms: 4
Parking Parking: 7
Pet Friendly Pet Friendly
Flatlet Flatlet
Borehole Borehole
Listing number: P24-114973354, Image number: 1
Listing number: P24-114973354, Image number: 2
Listing number: P24-114973354, Image number: 3
Listing number: P24-114973354, Image number: 4
Listing number: P24-114973354, Image number: 5
Listing number: P24-114973354, Image number: 6
Listing number: P24-114973354, Image number: 7
Listing number: P24-114973354, Image number: 8
Listing number: P24-114973354, Image number: 9
Property Overview
Listing Number
114973354
Type of Property
House
Description
Freestanding, Single Storey
Lifestyle
Dual Living, Suburban
Listing Date
23 September 2024
Erf Size
510 m²
Floor Size
92 m²
Rates and Taxes
R 427
Age
141
Pets Allowed
Yes
Coverage
18 %
Bedrooms
5
Bathrooms
4
Kitchens
4
Stove, Extractor Fan
Lounges
2
Blinds
Parking
7
Visitors Parking, Carport, Secure Parking
Outbuildings
3
Outbuilding 1
3x Self contained flatlets
Flatlet
Outbuilding 2
Flatlet
Outbuilding 3
Flatlet
Window
Aluminium, Wood
Backup Water
Borehole
Security
Electric Gate, Security Gate, Burglar Bars
Special Features
Borehole
Driveway
Flatlet
Yes
Flat Description
3x Self contained flatlets
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*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.
Loading Loading

Contact Agent

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.
(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

On Show

Sunday 13 October
16:00 - 17:00
Attend

Share

PrintPrint
Brochure
Loading