BELMONT PARK – KRAAIFONTEIN ATTENTION INVESTORS – MULTI LETTING OPPORTUNITY

by | Jun 12, 2024

R 1,299,000.00

141 4th Avenue, Belmont Park, Cape Town, South Africa
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
2
  • Post Updated: 2025-01-02 11:44:30
  • Date added: 12/06/24
  • Bedrooms: 3
  • Bathrooms: 1
  • Type:
  • Status:
  • Erf size: 496 m²

Description

LOVELY ERF WITH LOADS OF POTENTIAL FOR EXTENSION

The house is currently being tenanted by 5 tenants (each with their own room) and the total potential rental income is R17 000 per month when fully let

Plans have been drawn up for an additional 3 rooms, but not submitted to council, should the new owner wish to extend the current multi letting of 5 tenants to 8 tenants to earn a bigger income of nearly R27 000 per month

This home was originally built back in 1967 and still has its original parquet flooring and spacious bedrooms

The kitchen is spacious with ample built-in cupboards and a built-in stove

The rest of the home features a dining room / open plan lounge with a dry wall separating the two areas of which the lounge has been converted into a bedroom

3 bedrooms and one full family bathroom, with a separate toilet is located at the back of the house

The original garage has been converted into a large bedroom big enough to accommodate 2 big beds, tiled and the dry wall has been added behind the original garage door.

Outside is a spacious yard with enough space for pets and children to play

This home is secured with burglar bars, safety gates and an alarm system not currently being utilized

Fibre Ready and Connected

It is well located and close to amenities such as Cape Gate Shopping Centre and Cape Gate Medi Clinic and local high schools and primary schools

Pre-qualified buyers are welcome to book their private viewing

Erf = 496 m²

Rates & Taxes +- R1 400 per month (includes water and sewarage)

VIDEO link: https://youtu.be/LqC21D8oO88?si=NZaYD6UZ1XvL3NFa

Call Dean Hewitt on 084 985 2537 to view this extraordinary property

Remember that we charge a FIXED professional fee ONLY when selling your home

NO hidden costs

Call us TODAY for a free consultation

Please feel free to also like our Facebook page at https://web.facebook.com/Nu-Generation-Homes-2129905173961366/

 

View on map / Neighborhood

Video

This style property is located in Cape Town is currently and has been listed on Nu Generation Homes. This property is listed at R 1,299,000.00. It has 3 beds bedrooms, 1 bath bathrooms, and is . The property was built in year.

To top