R2,400,000

R2,400,000

3 Bedroom House For Sale in Farningham Ridge
3
Bedrooms
2
Bathrooms
1
Garages
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A REAL BOND BUSTER! GREAT INVESTMENT BUY! 3 GRANNY FLATS + A 3 BEDROOM HOUSE. ESTIMATED COMBINE RENT

Web Ref. DPR25501
Land size 1222.00 m²
Monthly Bond Repayment
R23,559.44
Set on the border of Farningham Ridge & Hatton Estate. A great investment buy with 3 granny flats and a main house (4 UNITS IN TOTAL). The 2 larger flats at the back of the property are newly built and 95% complete. Seller has relocated, so the project will need to be completed by the next owner (Kitchens, bedroom cupboards, painting etc).

THE MAIN HOUSE - Offers 3 bedrooms (BIC). The master bed has a walk in change room as well as a shower ensuite. Full family bathroom. Large, fitted kitchen (Under counter oven + hob). Quartz tops & breakfast nook. Lounge. Auto garage. Auto access. DBL carport. RENTAL POTENTIAL +- R10 000 PM.

GRANNY FLAT 1 - 2 bedrooms. Bathroom. Open plan lounge / Kitchen. RENTAL POTENTIAL +- R8500 PM.

GRANNY FLAT 2 - Currently 1 bed. Bathroom. Lounge / Kitchen. PLUS, an external room with plumbing. RENTAL POTENTIAL +- R7500 (If the 2nd room is incorporated into the units / making this flat a 2 bedroom).

GRANNY FLAT 3 - Is a bachelor flat. Bathroom & kitchenette. RENTAL POTENTIAL
+- R4500 PM.

TOTAL ESTIMATED RENTAL INCOME BEING +- R30500 if the whole property is rented out. Or buy & bring the extended family!

All 3 flats have pre-paid electricity meters.

Don't miss out!
Monthly Rates R1,042

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
Exterior
1 Garage
6 Parkings
3 Flatlets
Pet Friendly
Security
Sizes
Land Size 1,222 m²
Listing Info
Date Listed 18-05-26

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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 and tenants should make their own enquiries to verify the information contained herein.