Huge home divided into 4 flatlets consisting of 6 bedrooms & 5 bathrooms offering a potential rental income exceeding R40,000/mnth FOR SALE in Sunray, Bellville (close to SANLAM head office @ R3,4million
Claim this excellent real estate opportunity NOW. This stately home of yesteryear is in an excellent condition & is centrally situated in Bellville close to public transport, within less than 1km from SANLAM head office and within in 10 minute's travel to the University of the Western Cape & The Peninsula University of Technology.
Besides secured parking for at least 6 vehicles the house has been subdivided into 4 flatlets with an option to convert the double garage into another 2 at least. The main section (flatlet 1) offers 3 bedrooms, 2 bathrooms, a "stoep" area that has been converted in a study, a formal lounge as well as a dining room centre in the big kitchen fitted with a stove & lots of cupboards. This unit can generate a rental income of R15,000+/mnth. Flatlet 2 is built on top of the double garage and offers a spacious open plan lounge & dining room adjacent to a modern kitchen. It also consists of a bedroom with an ensuite bathroom. The potential rental income can be at least R10,000/mnth. The other 2 flatlets are studio apartments comprising of a bedroom with a kitchen within and an adjacent ensuite bathroom. The bigger of the 2 flatlets offers a rental income of R8500+/mthn and the lesser R7500/mnth. The house also has a separate washing area, an enclosed braai & recreational area. This property can be easily converted into a student resident or similar
Contact me soonest for a viewing
