Entertainer's dream in Athlone Park's vibrant heart, offering multigenerational living and three income flatlets yielding R20k+; separate bar flows to pool. Four bedrooms, two bathrooms, double garage.
Discover this stunning 4-bedroom home nestled in the vibrant heart of Athlone Park. This remarkable residence presents an exceptional opportunity for multigenerational living, complete with three income-generating flatlets alongside a beautifully designed family home. With a potential rental income exceeding R 20,000 per month from the flatlets, this property is both an investment and a sanctuary.
Ideal for entertaining, the home's layout features a spacious separate bar area that flows seamlessly to a charming outdoor swimming pool, creating a perfect setting for gatherings and relaxation. Each of the generously-sized bedrooms are equipped with air conditioning, ensuring comfort throughout the year.
*Flatlet 1 boasts a private enclosed sundeck, two inviting bedrooms and a well-appointed bathroom, complete with air conditioning and elegant tiling throughout. This unit enjoys its own private entrance and a designated parking bay, offering both convenience and independence.
*Flatlet 2 features two cozy bedrooms and a stylishly designed bathroom, also with air conditioning and tasteful tiling. This flatlet benefits from its own separate entrance, ensuring privacy for guests or tenants.
*Flatlet 3 is a cozy one-bedroom unit with its own bathroom, air conditioning, and modern tiling. It also has a private entrance, making it a perfect retreat.
Additional extras include two JoJo tanks for the convenience of additional water
This property truly embodies the essence of versatile living, combining comfort, style, and the potential for income in a prime location.
Listed for sale at R3,850,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 30 listings in Amanzimtoti (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 37,793 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
30 similar listings
Medium similar-home inventory town-wide (Amanzimtoti)
Median time on market: 215 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Athlone Park offers a relaxed suburban lifestyle with convenient access to coastal amenities and essential services, making it an attractive residential area.
* Distances and amenities are approximate.