Prime Investment or Multigenerational living, Main house + 5 Flatlets: Exceptional Income Potential!
Situated on a spacious 1 300m² corner stand with two separate entrances in the sought-after suburb of Brackendowns, this exceptional property offers the perfect opportunity for extended family living or an income-generating investment. Ideally located close to shopping centres, schools and major highways, convenience meets versatility in this one-of-a-kind property.
The main home welcomes you with a spacious open plan lounge and dining area designed for comfortable family living. The lounge flows effortlessly onto two separate patios – one overlooking the communal garden area and the other opening onto a beautifully maintained private garden, creating the ideal setting for entertaining family and friends or simply relaxing in peaceful surroundings.
The heart of the home is the generously sized kitchen featuring solid oak cabinetry, a gas hob, undercounter oven and ample space for all your appliances.
Accommodation in the main house currently consists of two bedrooms, with the spacious walk-in cupboard off the main bedroom easily convertible back into a third bedroom if required. The guest bathroom offers a bath, basin and toilet, while the main en-suite is a full bathroom.
Adding incredible value to this property are the multiple flatlets offering excellent rental potential:
• A spacious 2-bedroom flatlet with open plan lounge and kitchen plus bathroom with shower, basin and toilet
• A bachelor flat with separate bathroom featuring shower, basin and toilet
• Three additional 1-bedroom flatlets, each offering open plan lounge and kitchen areas with bathrooms consisting of shower, basin and toilet
Two of the 1-bedroom flatlets enjoy their own covered patios for private outdoor living, while the third offers its own private entertainment space. All flatlets open out onto the communal garden area, creating a welcoming and tranquil environment.
Additional features include:
• 4 gas geysers servicing all bathrooms
• Pre-paid electricity
• 5 covered carports plus open parking
• Well-maintained communal garden spaces
• Excellent security and privacy thanks to the corner position and dual entrances
Currently, the 2-bedroom flatlet, bachelor flat and one 1-bedroom flatlet are tenanted, while the remaining two 1-bedroom flatlets are successfully operated as Airbnb units, generating a combined current income of approximately R30 000 per month.
This is a rare opportunity to secure a versatile property with outstanding income potential in a prime Brackendowns location. Whether you are looking for a multi-generational home or a smart investment opportunity, this property ticks all the boxes.
Property Features
Key Features
Bedrooms8
Bathrooms2
Carports5
Erf Size1 309 m²
RatesR 1 824
Pets Allowed
Interior
Lounges1
Dining Areas1
Kitchen
Built-in Cupboards