POA

3 Bedroom House For Sale in Pioneer Park
3
Bedrooms
2
Bathrooms
6
Parkings
Ref. RLS970147
Land 2334.00m²
Tracey Reineke
Tracey Reineke Property Practitioner Seeff Newcastle PPRA Registered | FFC 2023326388
Monthly Rates R1,700
Total R1,700

Investment Property . House plus 4 Cottages with large monthly income!

Web Ref. RLS970147
Located close to town and malls, on a level erf over 2300 sq metres.
Fabulous investment return of R22k per month on the 4 cottages
Plus the existing house can be converted into 2 more cottages .

4 Lovely modern cottages are fully let:-

Cottage 1 let @ R4500 pmth
2 bedrooms, bathroom, lounge, kitchen & single garage.
Cottage 2 let @ R5900 pmth
2 bedrooms, full bathroom, kitchen, lounge/dining room & single garage,
Cottage 3 let @ R5900 pmth
2 bedrooms, full bathroom, kitchen, lounge/dining room & single garage
Cottage 4 let @ R5900 pmth
2 bedrooms, bathroom, kitchen, lounge/dining room & single garage

Prepaid electricity meters fitted to each cottage.
Separate entrance from the main house.

Main house - in need of TLC or ready to convert into 2 additional rental units.
Comprises : Lounge, dining room, 3 bedrooms, 2 bathrooms & a kitchen.


Contact me today for a Private viewing. Price Includes Commission

While every effort will be made to ensure that the information herein contained is accurate and up to date, Seeff Newcastle makes no warranty, representation, or undertaking whether expressed or implied nor do we assume any legal liability whether direct or indirect, or responsibility for the accuracy, completeness or usefulness of any information.

Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
4 Garages
2 Parkings (Carport)
4 Flatlets
Sizes
Land Size 2,334 m²
Additional Amenities
Alarm System
Carpets
Garden

Pioneer Park, Newcastle

Tucked into the foothills of the Drakensberg Mountains escarpment, Newcastle is a town of beauty, culture and industry. Once a rural town, it's transformed into a thriving industrial, agricultural and commercial hub. Unsurprisingly, Newcastle was a 2015 finalist in the Kwêla Town of the Year competition. If you're looking for a country vibe with all the perks of modern living, Newcastle is the place to put down roots. A brief history of the area Over the years, Newcastle was known as Viljoen's Dorp and Waterfall River Township. However, Newcastle (named after a British aristocrat) stuck. The area has a rich history from the settlement of the British, occupation by the Boer forces during the Second Anglo-Boer War to the discovery...
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Finance

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