Deceased Estate - Hence the low price
Spacious 3-Bedroom Apartment with Excellent Potential
95m² apartment | Exclusive-use garden, yard & porch PLUS a19m² enclosed garage
Looking for a property with space, potential and the opportunity to add your own personal touch? This generously sized 95m² three-bedroom apartment offers a fantastic opportunity for homeowners and investors alike.
The apartment features three bedrooms, with two spacious bedrooms and a smaller third bedroom that could work well as a study or home office. There is a well-sized lounge offering plenty of living space, together with a large kitchen with excellent potential for modernisation.
The family bathroom requires some TLC, while a separate utility room adds valuable convenience located at the back of the house close to the back door, excellent for your laundry space and additional storage space.
One of the standout features of this property is the generous exclusive-use outdoor space, including:
Private Porch
Private garden
Private yard
The property also includes a 19m² separate enclosed garage, providing secure parking and additional storage.
The apartment is in need of some minor TLC and cosmetic updating, making it an ideal opportunity for buyers looking to renovate and unlock additional value. With the right improvements, there is potential to increase the property's value by approximately R600,000, making this an attractive proposition for an astute buyer.
Investment Opportunity
For investors, the property offers potential rental income of approximately R10,000 per month, making it worth considering as a buy-to-let investment.
Property Features:
• 95m² apartment
• 3 bedrooms
• 2 spacious bedrooms + 1 smaller bedroom
• Well-sized lounge
• Large kitchen
• Family bathroom requiring TLC
• Utility room
• Balcony/porch
• Exclusive-use garden and yard
• 19m² separate enclosed garage
• Opportunity to modernise and add value
• Potential value increase of approximately R600,000
• Potential rental income of approximately R10,000 per month
A spacious property with great potential — perfect for a buyer who can see beyond the cosmetic work and unlock the value this home has to offer.