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3 Bedroom House For Sale in Malvern

R1,599,000


Monthly Bond Repayment R17,328.48
Calculated over 20 years at 11.75% with no deposit.

Web Ref No CSPN-1441

Three Homes For The Price Of One In Malvern

Stop what you are doing and grab this fabulous investment opportunity with this home. Offering three properties for the price of one in a very sought after area.

The home is situated on the border of Malvern and Hillary and boasts level land of 610 sqm. The area is mostly known for its quiet nature and friendly neighborhood. This will ideally suit the new family with children and being on the doorstep of good schools and daycare centers.

The main house has three spacious bedrooms with wall to wall built in cupboards. There is a common bath and toilet. The lounge and dining is open plan and extremely neat and cozy. The kitchen is fully fitted with built in cupboards and leads onto an undercover courtyard that is ideal for entertaining as well as a washing area.

The second property has two bedrooms and one bath. It has a fully fitted kitchen and a spacious lounge area. This can yield a monthly rental of R 6000.00 per month.

The third property is a neat one bedroom unit with a spacious kitchenette. It also has a lounge with a toilet and shower. This unit can easily be rented out for around R 4500.00 per month.

If the avid investor has to rent out all three units then this will ideally bring in over R20 000.00 rental and be able to easily subsidize the bond or alternatively rent out the two flats and still pay towards the bond.

There is ample parking and the property is completely fenced and gated for added security. This property should surely be on your viewing list.

Contact Tracy Maharaj now to view !!!

Features

Bedrooms 3
Security Yes
Bathrooms 2
Flatlet 2
Recep. Rooms 2
Dom. Accom. 1
Study 1
Garages 3
Land Size 610m²
Carports/Parkings 10
Views Yes
Pets Allowed Yes
Monthly Rates R795.00

Agent Contact Details

Tracy Maharaj
Pinetown, Malvern & Chatsworth

Cell 083 789 8050
Office 031 701 2150
WhatsApp Me

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