R 2 400 000
| 3 Bedroom House for Sale in Farningham Ridge
3
2
7
A real bond buster! Great investment buy! 3 granny flats + a 3 bedroom house. Estimated combine rental income +- r30500!
Set on the border of Farningham Ridge & Hatton Estate. A great investment buy with 3 granny flats and a main house (4 UNITS IN TOTAL). The 2 larger flats at the back of the property are newly built and 95% complete. Seller has relocated, so the project will need to be completed by the next owner (Kitchens, bedroom cupboards, painting etc).
THE MAIN HOUSE - Offers 3 bedrooms (BIC). The master bed has a walk in change room as well as a shower ensuite. Full family bathroom. Large, fitted kitchen (Under counter oven + hob). Quartz tops & breakfast nook. Lounge. Auto garage. Auto access. DBL carport. Rental potential +- r10 000 pm.
GRANNY FLAT 1 - 2 bedrooms. Bathroom. Open plan lounge / Kitchen. Rental potential +- r8500 pm.
GRANNY FLAT 2 - Currently 1 bed. Bathroom. Lounge / Kitchen. PLUS, an external room with plumbing. RENTAL POTENTIAL +- R7500 (If the 2nd room is incorporated into the units / making this flat a 2 bedroom).
GRANNY FLAT 3 - Is a bachelor flat. Bathroom & kitchenette. Rental potential
+- r4500 pm.
TOTAL ESTIMATED RENTAL INCOME BEING +- R30500 if the whole property is rented out. Or buy & bring the extended family!
All 3 flats have pre-paid electricity meters.
Don't miss out!
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Contact AgentWeb Ref 117226695
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