Tucked away in a quiet cul-de-sac in Boughton, this versatile property offers exceptional value. With a well-appointed main home and two self-contained one-bedroom cottages currently generating excellent rental income, it’s perfect for investors or buyers wanting to live comfortably while their tenants help pay the bond.
?? The Numbers Make Sense:
Purchase Price: R1 595 000
Current Rental from Flats: R11 000 p/m
Bond Example: Full bond repayment ˜ R15 924 p/m (20 years)
Live-in Option: Stay in the main house for the equivalent of ±R4 924 p/m after flat rentals.
Full Investment Option: Rent the main house for ±R12 000 p/m + flats for R11 000 p/m = R23 000 p/m income.
Main House Features:
Welcoming reception room
Stylish second lounge with screeded concrete floors opening to a covered patio with garden and river views
Sunken tiled lounge with fireplace and French doors to patio
Modern fitted kitchen leading to dining room overlooking the lounge
3 spacious bedrooms with built-in cupboards
2 renovated bathrooms (main en-suite with dressing area & walk-in shower)
Study/office space off the second bedroom – ideal for work-from-home or homeschooling
Double garage
Flat 1:
One bedroom, bathroom with shower & toilet
Lounge and separate kitchen
Current rental: ±R6 000 p/m
Prepaid Meter
Flat 2:
Own driveway & fenced garden (pet-friendly)
Open-plan living and kitchen
Spacious bedroom with en-suite bathroom (shower-bath combo)
Current rental: ±R5 000 p/m
Prepaid meter
?? Call today to view this unique property and secure your next great investment!