This three-bedroom, one-bathroom home in Olievenhoutbosch Extension 15 is a prime opportunity for both families and savvy investors. Featuring a modern open-plan layout that connects the kitchen and living areas, the property is designed for seamless daily living.
The standout feature of this property is its expansive yard, which offers significant potential for wealth building through rental income.
Investment benefits of the large yard are the potential of added rental Income through the generous outdoor space which is ideal for constructing additional rooms or a secondary dwelling unit. Adding more rooms directly translates to increased monthly cash flow.
Dual Living Potential by building on the existing stand, which can create a "live in, rent out" scenario where the additional units help supplement or fully cover your bond repayments.
With the high demand for housing, Olievenhoutbosch is a high-demand area for affordable rentals. Expanding the property allows you to tap into the large market for low-to-mid-end residential accommodation.
Increased Property Value: Beyond immediate rental yields, strategic upgrades like adding rooms significantly boost the long-term capital growth and resale value of the property and the versatile expansion from the yard size provides flexibility to build self-contained bachelor units, staff rooms, or even a home-based business space.
It features 3 spacious bedrooms providing a restful retreat, 1 Bathroom centrally located for convenience, open-plan living from the bright and airy kitchen and lounge area perfect for entertaining.
Situated in a prime location in Extension 15, offering easy access to local schools, shopping centres like Forest Hill Mall, and the N14 highway.
Don’t miss out on this high-potential investment property. Call now to arrange your private viewing!