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8 Bedroom Freestanding For Sale in East Lynne

R2,599,000


Monthly Bond Repayment R27,716.51
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL8284

4 separate houses on one property - NO LOADSHEDDING

NO LOADSHEDDING This spacious 1400sqm property in the highly sought-after Eastlynne area boasts four individual houses, each with its own distinct features and amenities, making it an exceptional investment opportunity.

House 1 welcomes you with a cozy 1-bedroom flat showcasing an open-plan kitchen and lounge area. Additionally, it features a well-appointed bathroom and a room perfect for various uses, all offering comfortable and convenient living arrangements.

House 2 presents a charming 2-bedroom layout complemented by a well-equipped kitchen and a generous lounge space. With a thoughtfully designed bathroom, this house caters to a small family or individuals seeking ample space and comfort.

The third house on the property impresses with its spaciousness, offering 3 bedrooms alongside a dedicated study area. A well-appointed kitchen and a sizable lounge ensure a comfortable living experience, while ample parking facilities add convenience for residents and visitors alike.

The crown jewel of this investment, House 4, is a brand-new construction designed for modern living. Boasting 2 bedrooms, an open-plan layout, and ample space, it invites residents into a contemporary lifestyle. The inclusion of a pool with an outdoor entertainment area elevates the property's appeal, providing a perfect space for relaxation and social gatherings. Additionally, a storage room and carports enhance the functionality and convenience of this house.

Collectively, these four houses present an incredible opportunity for a potential rental income of R 34,000 per month. With a diverse range of accommodations appealing to various tenant needs, this property stands as a promising investment in a coveted location, promising both immediate returns and potential for long-term growth.

Features

Bedrooms 8
Security Yes
Bathrooms 4
Flatlet 3
Recep. Rooms 8
Study 1
Floor Size 544m²
Land Size 1,469m²
Carports/Parkings 7
Pool Yes
Pets Allowed Yes

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