Description
Ideally located just a stones throw from Clarendon Park Primary School, this property presents an exceptional opportunity. Set on a large erf, the home offers versatility, space, and excellent investment potential.
The main house features four well-sized bedrooms, a comfortable lounge, a kitchen with a separate scullery, family bathroom and a main en-suite. The property also boasts a swimming pool and a generous garden, ideal for family living and entertaining.
In addition to the main residence, there are two separate cottages:
A fully independent two-bedroom cottage with a kitchenette, lounge, bathroom, and its own small garden.
An attached cottage currently separate but can be interleading with the main house offering a spacious studio bedroompreviously used as a Pilates studioa bathroom, and a downstairs kitchen and lounge area.
Additional features include water tanks, ample outdoor space and parking.
The property is currently tenanted, generating a total rental income of approximately R34,500 per month:
Main house: R19,000
Two-bedroom cottage: R7,500
Studioloft cottage: R8,000
While the home does require some restoration and upgrading, it offers tremendous potential to be transformed back to its former glory. Whether youre looking for a family home with additional income streams or a solid investment opportunity, this property is perfectly positioned in the best part of Lloyd Road.
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