R1,300,000
R1,300,000
3 Bedroom House For Sale in Escombe
3
Bedrooms
1
Bathrooms
6
Parkings
Distressed
Ref. RLS1002282
Land 1417.00m²
Floor 224.00 m²
Monthly Repayment
R12,761.36
Michelle Vermeulen
Michelle Vermeulen Selling Licensee Seeff Queensburgh & Chatsworth PPRA Registered | FFC 2023220836
Jan Vermeulen
Jan Vermeulen Selling Licensee Seeff Queensburgh & Chatsworth PPRA Registered | FFC 2023222301
Monthly Rates R1,300
Total R1,300

Prime Investment Opportunity: Multi-Income Property in Escombe!

Web Ref. RLS1002282
Looking for a property that pays for itself? This versatile home in the heart of Escombe / Malvern, offers a unique combination of comfortable living and immediate rental returns. Whether you're a savvy investor or a family looking to subsidize your mortgage, this is a must-see.

The Main Residence
The primary home is a solid 3-bedroom, 1-bathroom residence offering a cozy layout and a welcoming atmosphere.

Rental Potential: Estimated at R8,000 per month.

Privacy: Situated below road level, providing a quiet retreat from the street.

Accessibility: Easy drive-in access with ample yard space.

The Income Earners
The property has been intelligently optimized for maximum yield. There are currently three additional rental units on-site:

The Studio Conversions: The original garage and domestic quarters have been converted into two separate rental units.

The Log Cabin: A self-contained log cabin situated at the back of the property.

Current Combined Rental Income: Approximately R7,000 per month (excluding the main house).

Investment Snapshot
Total Potential Income: ~R15,000 per month.

Location: Situated in the family-friendly suburb of Escombe / Malvern, just off Chester Road

Versatility: Live in the main house and let the outbuildings cover your bond, or rent out the entire "mini-complex" for a high-yield portfolio addition.

Don't miss out on this cash-flow positive gem!
Contact us today to arrange a private viewing and explore the potential.

Features

Interior
3 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
1 Dining Room
Exterior
6 Parkings (Secure Parking)
3 Flatlets
Pet Friendly
Sizes
Land Size 1,417 m²
Floor Size 224 m²

Escombe, Queensburgh

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Finance

Monthly Repayment
R0,00
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