Woodlands, Mitchells Plain, Western Cape ID 853372
House
4.0
8
265m2
426m2
This versatile property provides communal living options and potential rental income from the three additional flats. Main House (Upstairs): - Three bedrooms, one bathroom, lounge, dining area and open-plan kitchen First Flatlet (Downstairs): - Three bedrooms, one bathroom, separate lounge, dining area, and large kitchen Second Flat: - Open plan living space - Includes space for: Open plan bedroom, lounge area, and kitchen area Third Flat (Backyard): - One bedroom, open-plan lounge and kitchen Additional Features: - One garage (for secure storage or parking), borehole, enclosed property with precast walls and sliding gate, close to Primary school and near main road for public transport access Potential Uses: - Main House: Ideal for a family looking for a spacious living area with three bedrooms and communal living spaces. - First Flatlet: Suitable for renting out to tenants who prefer a larger space with separate living and dining areas. - Second Flat: Can be rented to a single person or a couple looking for a compact, open-plan living arrangement. - Third Flat: Perfect for a single tenant or possibly a couple, offering privacy in the backyard. Investment Opportunities: - Rental Income: You have the potential to generate income from three separate flats while occupying the main house yourself. - Storage or Parking: The garage can be used for additional storage or to secure parking for one vehicle. - Location: Being close to a Primary school and public transport makes the property attractive to tenants with children or those who rely on public transportation. Conclusion: This property offers a mix of communal living and rental income opportunities, making it versatile for different types of occupants or investors. The layout ensures privacy for each unit while sharing the location's convenience and nearby amenities. Registered with the PPRA
Red Properties
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