Two Properties for the Price of One!!!
I would like to introduce you to this beautiful investment property that is situated in the quite neighborhood of Pelham.
The property oozes ample level land that needs no further development. This 4 bedroom home provides both the functions of being a home and has an outbuilding which houses tenants that can assist with additional income that can be used to pay off the bond - faster.
As you walk through the front gate, you are greeted by a well maintained lawn overlooking the pool area. The property further has an outbuilding that is a house in its own respective right.
The First Property boasts the following features:
- 4 spacious bedrooms all consisting of built in cupboards
- The main bedroom being ensuite (consisting of a basin, bath tub, toilet and shower)
- A separate fully fitted kitchen that has a built...
Two Properties for the Price of One!!!
I would like to introduce you to this beautiful investment property that is situated in the quite neighborhood of Pelham.
The property oozes ample level land that needs no further development. This 4 bedroom home provides both the functions of being a home and has an outbuilding which houses tenants that can assist with additional income that can be used to pay off the bond - faster.
As you walk through the front gate, you are greeted by a well maintained lawn overlooking the pool area. The property further has an outbuilding that is a house in its own respective right.
The First Property boasts the following features:
- 4 spacious bedrooms all consisting of built in cupboards
- The main bedroom being ensuite (consisting of a basin, bath tub, toilet and shower)
- A separate fully fitted kitchen that has a built in stove, oven and hood)
- A separate dining area/ room that is easily accessible from the kitchen and lounge area
- A separate spacious lounge with beautiful wooden finishing's (including a mini bar area)
- A huge hallway
- A separate toilet and bathroom area (which consists of a basin and bath tub)
- A separate scullery (which can also be used as an additional bedroom)
- A huge verandah with panoramic views
- A carport that can park 6 vehicles
The Second Property boasts the following features:
- 3 spacious bedrooms that are well maintained - Open plan kitchen, dining and lounge area (consisting of modern built in cupboards)
- A huge bathroom consisting of a basin and shower; and
- A separate toilet
The property also has a pool that is strategically positioned for those relaxing sessions and for hosting guests.
Area is safe and regularly patrolled by Mi7 Security, MAGMA and AET Security.
Currently the main property is rented out and has multiple tenants occupying the separate bedrooms and generates a rental income of +- R13500.
There is additional land to further extend the outside building or build additional rooms for extra income.
The property can also be used as a guest house/ BnB (provided it has been rezoned and/ or compliance with municipality bylaws)
The property is also close to all amenities, namely; Pelham Primary School, Pietermaritzburg Girls High School, Maritzburg College, Pelham Stores, Southgate Spar, Makro, Alexandra Park and the Alexandra Police Station.
The property is also 5 mins away from the Oribi Airport, Mkondeni Bluff Meats, and the Pietermaritzburg Fruit Market.
The property is well maintained and is eager to meet its new owners who will alleviate to its greater heights.
The pictures alone don't do any justice so get in touch with me so that I can arrange an exclusive viewing for you.
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