R1,600,000
R1,600,000
4 Bedroom Freehold For Sale in Norkem Park
4
Bedrooms
2
Bathrooms
6
Parkings
Ref. RLS1004683
Land 998.00m²
Floor 290.00 m²
Monthly Repayment
R15,974.07
Shanice Babani
Shanice Babani Candidate Property Practitioner - Sales Seeff Boksburg, Benoni & Germiston

🚨 FIXER-UPPER WITH MASSIVE PAYOUT: 4-Bed House + 3 Income Flatlets in Norkem Park! 🛠️💰

Web Ref. RLS1004683
Massive Income Potential & Investor’s Dream in Norkem Park!
Price: R 1,600,000

Location: Norkem Park, Kempton Park

The Opportunity: Buy, Fix Up & Reap the Rewards!
Calling all savvy investors, flippers, and large families with a vision! This expansive property is priced to sell and offers a fantastic "buy and fix up" opportunity. With a little cosmetic love and TLC, you can instantly unlock massive equity and transform this diamond in the rough into a high-yielding rental machine or your dream forever home.

The Main House
The main residence features a spacious, versatile layout waiting for your personal touch:

4 Well-Sized Bedrooms with excellent natural light.

2 Neat, Shared Bathrooms ready for a modern upgrade.

Spacious living and dining areas perfect for family gatherings.

The Income-Generating Structure
Built for maximum versatility, the layout of this property goes far beyond a standard family home:

3 Separate Flatlets (Attached to the Main House): Perfect for extended family or generating substantial monthly rental income to completely cover your bond!

Staff Quarters / Maid’s Quarters: An additional helper's room for added convenience.

Garages & Parking: 2 lock-up garages plus ample secure parking space to comfortably accommodate vehicles for both owners and tenants.

⚡ A Rare Value-Add Proposition!
Properties with this level of footprint, structure, and income potential at this price point are rare in Norkem Park. Bring your paintbrushes, bring your vision, and secure a high-yield asset today.

Contact me now to arrange your private viewing and submit your offer!

Features

Interior
4 Bedrooms
2 Bathrooms
2 Kitchens
1 Lounge
1 Dining Room
Exterior
2 Garages
4 Parkings (Secure Parking)
3 Flatlets
Pet Friendly
Domestic Accom
Sizes
Land Size 998 m²
Floor Size 290 m²
Additional Amenities
Built in Wardrobes
Bath, Toilet and Basin
Granny Flat
Staff Quarters Domestic Rooms
Investment potential
Flatlet
Lapa
Driveway
Near School
Near Shopping Centre

Norkem Park, Kempton Park

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Finance

Monthly Repayment
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