R 1,999,990
3 Bedroom house in Lombardy East with 2 Flatlets.
Ref # 2329453 : Lombardy East , Johannesburg , Gauteng
Property Details
Discover a Prime Investment Opportunity
Unlock the potential of this spacious property, perfect for savvy investors and families alike. Featuring three bedrooms and two bathrooms, the home boasts a large kitchen, an expansive lounge, and a generous dining room, offering ample space for comfortable family living and entertaining.
Enhancing the property's appeal are two additional flatlets. The first is a double-story unit with an impressively large living area and an oversized bedroom complete with an en-suite bathroom. The second flatlet offers a cozy bedroom, living space, and bathroom, making it ideal for guests or as a source of rental income.
Nestled on a substantial 2021 sqm stand, the property is a haven for nature lovers, adorned with a variety of fruit trees, including blackberries. While some updates are needed—such as repairs to the electric gate and fence and a fresh coat of paint—these minor improvements present an opportunity to add personal touches and enhance the property's value.
Currently, the flatlets generate twelve thousand rands per month in rental income. Imagine the increased returns if the main house were rented out as well, potentially adding another Eleven thousand rands to your monthly income. This makes the property an attractive choice for investors looking to maximise their investment.
Don't let this opportunity slip away—call now to arrange a viewing and take the first step toward securing this lucrative investment!
Property Features
- Property Type House
- Beds 3
- Bath 2
- Garages 2
- Open Parking 1
- Building Size 406m²
- Land Size
- Living Area 2
- Grade C4
Associated Costs
- Rates & Taxes ± 1200
Location
Enquiry
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