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R699,000 | 3 Bedroom Freestanding For Sale in Newlands East

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R699,000

Monthly Bond Repayment R7,454.34
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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3 BEDROOM HOUSE FOR SALE IN NEWLANDS EAST

Introducing a promising real estate opportunity - a charming 3-bedroom house with an adjacent granny flat, offering enormous potential for those willing to invest a little TLC. Located in a quiet and well-established neighborhood, this property presents a unique blend of comfort and income generation.

**Main House:**
This cozy 3-bedroom home boasts a modern design and spacious interior. The open-concept living and dining area provides ample space for family gatherings and entertaining The three bedrooms offer comfortable living spaces, each with abundant natural light and endless possibilities.

**Granny Flat:**
One of the standout features of this property is the income-generating potential of the granny flat. Currently rented out for R4000 per month, it offers a self-contained living space, providing an attractive source of supplemental income. Whether you continue to rent it out or utilize it as a guest house or in-law suite, this granny flat represents a valuable asset that can significantly offset your monthly expenses.

**Location:**
Situated in a Newlands East, this property offers convenience and proximity to essential amenities, schools, shopping, and parks. The area is known for its sense of community.

**Investment Opportunity:**
This 3-bedroom house, combined with the income-generating potential of the granny flat, represents a prime investment opportunity. With some renovation work, you can customize the main house to your preferences while continuing to generate a rental income from the granny flat.

Don't miss out on this potential gem in the real estate market. Embrace the chance to add value, create your ideal living space, and maximize your investment. Contact us today 0836309446 to schedule a viewing and discover the full potential of this property.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchen
2
Reception Rooms
3.5
Furnished
No
Exterior
Security
No
Parkings
2
Flatlet
1
Pool
No
Scenery/Views
Yes
Ashtin Sigamoney
Ashtin Sigamoney
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