Fixer-upper House, and an additional Incomplete House, with a Complete Flatlet

R 1 590 000 Negotiable

Calling all investors and those who have the time and financial resources to tackle this property!

This is a great option with the potential of reaping major rewards.

Incomplete second story house:
This house is at the stage of: The walls and roof are done but were never finished. All plumbing and electricity are installed. Approved plans are available.
The house is situated above the double garage, workshop, and flatlet. The house is entered via a staircase from the front yard or from the backyard.
This house consists of the following:
Main bedroom with an on-suite bathroom.
2 bedrooms
Bathroom
Kitchen
Lounge
2 x veranda’s (one in the front and one in the back)

Complete flatlet:
The flatlet is completed with beautiful tiles, built in cupboards, and fully painted.
It consists of the following:
2 x bedrooms with build-in cupboards.
Bathroom with shower, toilet, and basin.
Kitchen with build-in cupboards, double basin, build-in stove, and oven.
Study room
The flatlet is currently generating an income of R4850 per month.

Fixer-upper House:
This house consists of the following:
3 x well sized bedrooms with blinds, build in cupboards and carpets.
1 bathroom with basin, shower, and toilet. Which needs to be tiled.
1 guest toilet with single basin.
Kitchen floors are tiled but the walls need to be tiled and the cupboards need attention.
Double basin, stove, and oven.
Lounge with two built-in wall units.
The dining room is open plan that leads on to the lounge with two built-in wall units.
The lounge leads to an open plan entertainment area.
The entertainment area has a build-in braai and build-in bar area.
Sliding door from the entertainment area leads onto a stoep, where the pool is situated in the large backyard.
Outside toilet and basin.

Outside in front:
Double garage with a workshop.
Double carport.

Dying to get hands on? This property can be turned into your dream home. All building materials on site, will remain with purchaser.

This property has the potential to generate substantial rental income and will be a great investment.

More photos available on request