R2,995,000
3
Bedrooms
2
Bathrooms
9
Parkings
Monthly Rates
R2,537.51
Total
R2,537.51
Two for the Price of One – A Rare Opportunity
1 6th Avenue
Web Ref.
RLS995998
Opportunities like this seldom come onto the market. Situated on a generous 940 m² corner plot with two separate entrances, this versatile property offers exceptional potential for investors or extended families alike.
The property consists of a main house and a second dwelling:
Main House
The main house features three bedrooms and two bathrooms, with an open-plan dining room flowing into a traditional kitchen. Separate lounge with a fireplace. One bedroom with its en-suite bathroom has been converted into a separate rental room, currently generating an income of R4,500 per month. The home is well maintained and offers ample secure parking behind a gate.
Second House
Originally built as a four-bedroom home with a living room, kitchen, and two bathrooms, the second dwelling has been converted into eight rental rooms, each with its own bathroom and currently rented at R4,500 per room per month.
Please note: these rooms are not compliant with current municipal regulations, and the new owner will need to restore the property to its original four-bedroom layout. Once converted back, it can comfortably accommodate extended family or be rented out as a single income-generating unit.
Investment Potential
While the property cannot be subdivided, it offers tremendous potential with the right vision and planning. The layout and location make it especially suitable for student accommodation, dual-living, or a home with additional rental income.
Whether you’re looking for a forever home, an extended-family solution, or a solid investment opportunity, this property offers space, flexibility, and excellent earning potential.
The property consists of a main house and a second dwelling:
Main House
The main house features three bedrooms and two bathrooms, with an open-plan dining room flowing into a traditional kitchen. Separate lounge with a fireplace. One bedroom with its en-suite bathroom has been converted into a separate rental room, currently generating an income of R4,500 per month. The home is well maintained and offers ample secure parking behind a gate.
Second House
Originally built as a four-bedroom home with a living room, kitchen, and two bathrooms, the second dwelling has been converted into eight rental rooms, each with its own bathroom and currently rented at R4,500 per room per month.
Please note: these rooms are not compliant with current municipal regulations, and the new owner will need to restore the property to its original four-bedroom layout. Once converted back, it can comfortably accommodate extended family or be rented out as a single income-generating unit.
Investment Potential
While the property cannot be subdivided, it offers tremendous potential with the right vision and planning. The layout and location make it especially suitable for student accommodation, dual-living, or a home with additional rental income.
Whether you’re looking for a forever home, an extended-family solution, or a solid investment opportunity, this property offers space, flexibility, and excellent earning potential.
Features
Interior
Exterior
Sustainability
Sizes
Additional Amenities
Uitsig, Wellington
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