Set in a highly sought-after and well-known street in Wilkoppies, this substantial property presents an opportunity that extends far beyond a traditional family home. With a spacious main residence and two separate flatlets, it offers an attractive combination of comfortable living, established rental income and exceptional future versatility.
The main residence provides generous proportions and an easy flow between its living and entertainment spaces. With multiple reception areas, a study, an inviting Lapa with built-in braai, swimming pool and extensive parking, the property has been designed for a lifestyle where family living and entertaining can comfortably coexist.
What truly distinguishes this property, however, is the additional accommodation.
The larger flatlet functions almost as a second home in its own right, offering two bedrooms, each with its own full en-suite bathroom, together with a private lounge and kitchen. The second flatlet provides a one-bedroom configuration with its own living area, kitchen and full bathroom. These are not simply additional rooms attached to the main residence; they provide genuinely independent living spaces.
Together, the two flatlets currently generate approximately R8,000 per month in rental income, providing an immediate income stream while the owner continues to enjoy the main residence. Both flatlets are currently occupied by tenants with signed lease agreements extending until September 2027, giving the purchaser the benefit of established tenancies from the outset.
Thereafter, the possibilities remain entirely flexible. Continue generating rental income, accommodate parents or adult children while preserving everyone's independence, create a comfortable multigenerational arrangement, or incorporate one of the spaces into a work-from-home or professional setup.
For buyers planning ahead towards retirement, this property deserves particular consideration. It offers the opportunity to own and enjoy a substantial home today while already having income-producing accommodation in place — accommodation that could continue contributing towards monthly expenses in the years ahead.
Its prominent position on a well-known Wilkoppies street further enhances its versatility. With excellent accessibility and proximity to everyday amenities, the property may also appeal to a purchaser requiring space for a professional home-based office or practice, subject to any applicable municipal requirements.
This is a property that can adapt as life changes: a family home today, an income-producing investment from day one, and a flexible retirement or multigenerational solution for the future.
For your exclusive viewing, contact Mel at Heart & Home Realty.
Your Home His Blessing