Investors Dream: High-Visibility Corner Property with Dual Income Potential
Asking Price: R1 050 000.00
Prime Scottsville Location
Deceased Estate
Ultimate Fixer-Upper
Capitalise on this rare investment opportunity in a high-demand pocket of Scottsville. Situated on a generous corner erf with prime visibility from the main national road leading to Cape Town, this property is a blank canvas bursting with potential for rental income, multi-family living, or a work-from-home setup.
Priced to sell at just R1 050 000.00, this Estate Late property offers massive equity growth for a buyer with vision.
Main Residence Features
Living Spaces: Welcoming covered porch entrance leading into a spacious lounge and living area, complete with a cozy built-in fireplace.
Bedrooms: 3 fairly sized bedrooms. The main bedroom includes an attached smaller room that can easily transition into a walk-in closet, a main en-suite MES bathroom, or a private study.Kitchen:
Very sizable kitchen with built-in cupboards BICs and a double zinc sink, ready for a modern upgrade.
Bathroom: Main family bathroom featuring a bathtub, washbasin, and toilet.
Outdoor Entertainment: An attached front braai enclosure, perfect for entertaining or utilization as a secondary fireplace.Parking:
Enclosed carport with direct access from the main bedroom''s extension.
Income-Generating Flatlets Outbuildings
The property boasts two separate flatlet conversions, ideal for subsidizing your bond or generating independent rental streams:
Flatlet 1 Attached Separate Entrance: A massive flatlet featuring a living areahuge room, a smaller separate bedroom, and an en-suite bathroom shower, basin, toilet. Characterized by warm knotty pine ceilings.
Flatlet 2 Converted Garage: A spacious conversion consisting of a layout for a kitchen, lounge, and bedroom. It is serviced by an attached outside bathroom fitted with a bathtub and toilet.
Investment Highlights - Instant Equity: Priced to the rim as a fixer-upper at R1 050 000.00, allowing you to renovate and reap major capital gains or high rental yields.
Versatility: Multiple separate entrances make managing tenants seamless.
Don''t miss out on this serious value proposition. Contact us today to arrange a viewing!
Anslin or Darrol.