Property features

R 890 000
Bedrooms
0.0 Bathrooms
0 Living Room/s
Garage for car/s

Property Details

3-Bedroom Home with 2-Bedroom Income-Generating Cottage in Merebank
This property offers a practical combination of family living and financial efficiency in a central location. Positioned as a solid investment, the replacement cost to build a structure of this size today would exceed R1,000,000.
Main House Features
The primary residence is well-proportioned and includes:

3 Bedrooms offering comfortable living space.
Lounge and Dining Area with a functional layout for family living.
Kitchen with standard fittings.
1 Bathroom.

Separate Outbuilding (Granny Cottage)
The detached 2-bedroom cottage provides immediate financial support towards your monthly expenses:

Rental Income: Currently generating R4,500 per month.
Bond Subsidy: This reliable income can offset approximately 50% of your monthly bond repayment.
Prepaid Electricity: Equipped with independent prepaid meters for easy utility management between the two units.

Location & Conveniences
Situated in Merebank, the property is centrally located and close to all local amenities. Residents will enjoy easy access to local schools, shopping centres, places of worship, and public transport routes.
This is a practical choice for buyers looking for a home that helps pay for itself, or for investors seeking a steady rental yield in the area.
Please contact us to arrange a viewing.

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Keegan Kennith

Real Estate Services

0638180740

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Real Estate Services

010 597 0836

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