R1,420,000

R1,420,000

2 Bedroom House For Sale in Oos Einde
2
Bedrooms
2
Bathrooms
Maroenel Du Plessis

2 Bedroom House For Sale in Oos Einde

Web Ref. RST-RS01688
Land size 845.00 m²
Monthly Bond Repayment
R14,899.43
1 main house with 2 flatlets!
This LONG-TERM INVESTMENT PROPERTY is situated in Eastend
Main House:

Layout: The main house features a comfortable two-bedroom layout, each with its en-suite bathroom. This setup provides privacy and convenience for occupants.

Amenities: The main house is equipped with a prepaid meter, offering flexibility and control over utility expenses. Additionally, it has its geyser, ensuring hot water availability without relying on shared resources.

Rental Potential:
The main house can generate rental income from tenants seeking a cozy and private living space, appealing to small families, couples, or professional flatlets:

•Accommodation: At the back of the property, there are two separate flatlets, each boasting two bedrooms and a shared bathroom. This configuration accommodates larger households or individuals seeking shared living arrangements.

•Income Potential: The two flatlets present additional income opportunities, catering to tenants looking for affordable yet spacious accommodations. The potential rental income from these units contributes significantly to the property's overall revenue stream. Demand: Given the increasing demand for rental properties, especially those offering multiple units, the flatlets are likely to attract tenants quickly, ensuring consistent rental returns for investors.

Additional Features:
Water Supply: The property is equipped with a JoJo tank connected to a borehole, offering a reliable and cost-effective water supply. This feature mitigates dependency on municipal water, reducing operational expenses and enhancing the property's resilience to water shortages.

Parking: Covered parking space is available on-site, providing tenants with secure and convenient parking facilities. This amenity adds value to the property, particularly in areas where parking is limited or expensive.

Rental Income: With an approximate monthly income of R14,000 from the flatlets ONLY, the property offers a promising return on investment. Investors can expect steady cash flow and favorable rental yields, making it an attractive investment opportunity.

Conclusion:
Overall, this property presents an enticing investment opportunity for savvy investors seeking consistent rental income and long-term appreciation. Its versatile layout, convenient amenities, and steady cash flow potential make it a valuable addition to any investment portfolio in the real estate market
Monthly Rates R2,000

Features

Interior
2 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
3 Parkings
3 Flatlets
Pet Friendly
Sizes
Land Size 845 m²
Additional Amenities
Family / TV Room
Borehole
Access Gate
Fence
Garden
Paveway
Listing Info
Date Listed 20-03-24
Time Listed 12:21

Oos Einde, Rustenburg

Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World Cup. History Rustenburg, meaning “place of rest”, this pretty little town’s streets are lined with the ubiquitous jacaranda tree. It started out as a small farming community producing citrus and Virginia tobacco and still manages to retain its small-town atmosphere.  The town has humble beginnings, starting off as little more than a church...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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