3 Bedroom Property for Sale in Groeneweide R1 290 000. 09 Jul 2025

Property features

R1 290 000
3 Bedrooms
3.0 Bathrooms
0 Living Room/s
Garage for 2 car/s

Property Details

HOUSE OF THE WEEK! Price: R1,290,000 This stunning family home in Groeneweide is a savvy investor's DREAM COME TRUE! With 2 x 1-bedroom flats, it's a GOLDMINE of rental income potential! Rental Income: - 1st flat: R3,500 per month - 2nd flat: Potential rental income of R4,500 per month Bond Repayment: - Loan amount: R1,290,000 - Interest rate: 10.75% - Loan term: 20 years Monthly Bond Repayment: Approximately R13,096 per month. Out-of-Pocket Expense: With potential rental income of R8,000 per month, you'll only need to cover R5,096 per month from your own pocket! Main House Features: - Spacious lounge, dining room, family room, and study - Modern melamine-fitted kitchen - 3 bedrooms with built-in cupboards (BIC) - 3 bathrooms, including 2 main ensuites (MES) - Laundry Income-Generating Flat: - 1 bedroom flat with tiled lounge and open-plan fitted kitchen - Large bedroom with ample built-in cupboards (BIC) - Modern tiled bathroom with shower Additional Features: - Double lock-up garages - Carport - Sparkling swimming pool - Lovely established garden - Shadeports - Very secure GREAT BUY with Income Potential!: Don't miss out on this fantastic opportunity to own a beautiful family home with a lucrative flat. Contact us today to schedule a viewing!