3 Bedroom House For Sale in Grosvenor

R1,695,000

Monthly Bond Repayment R17,495.59
Calculated over 20 years at 11% with no deposit.

Web Ref No CMNT-5441

Fixer-Upper with Rental Income Potential in Grosvenor

Fixer-Upper with Rental Income Potential!

This spacious property is a fantastic investment opportunity! While the main house needs some TLC, it offers great potential with its three-bedroom layout and open-plan kitchen featuring a built-in stove and oven. The kitchen flows seamlessly into the dining area and lounge, creating a welcoming space for family and guests. Step outside from the kitchen to a large garden and swimming pool area, perfect for outdoor relaxation.

Additionally, the property includes three flatlets generating a rental income of R11,000 per month—a great bonus for investors or homeowners looking for extra income. With ample parking space, this home is ideal for families or those looking to maximize rental opportunities.

Located close to Bluff Road, this home provides easy access to bus routes and all essential amenities, ensuring convenience for both residents and tenants.

Don't miss out on this diamond in the rough—bring your vision and turn this property into a dream home or income-generating gem!

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Features

Bedrooms 3
Security Yes
Bathrooms 2
Flatlet 3
Recep. Rooms 2
Land Size 1,123m²
Carports/Parkings 5
Pool Yes
Pets Allowed Yes
Monthly Rates R997.00