Multi-let investment opportunity or massive family home - you decide!
This substantial and highly flexible property presents an outstanding opportunity, whether you are seeking a strong multi-let investment or a spacious multi-generational family home.
As an income-generating asset, the fundamentals are firmly in place: six bedrooms, all with full en-suite bathrooms, multiple living areas, separate entrances, seven covered parking bays, domestic quarters, and large storerooms with clear potential for conversion into additional flats.
Equally, as a family residence, the split-level design and multiple access points allow for comfortable, private living zones, ideal for extended or multi-generational households.
Accommodation & Layout:
- Western wing: A well-appointed two-bedroom, two-bathroom (both en-suite) flat with a central living area, dining room and kitchen. Covered patios to both the front entrance and rear kitchen door provide excellent outdoor living space for tenants or family members.
- Semi-detached to this flat is a one-bedroom, en-suite unit, also with a covered front patio. Ideal as a teen pad, guest suite, or - by simply adding a kitchenette - an attractive bachelor or Airbnb unit, adding flexibility and rental diversity.
- Adjacent to these units is a large lounge and dining area, which could either be converted into an additional flatlet or incorporated into one of the existing units to increase rental yield.
- Moving from west to east, the dining room leads into a study, which in turn opens into the main bedroom suite. This generously sized room features a walk-in wardrobe, en-suite bathroom, and a spacious covered patio.
- Both the dining room and main bedroom offer the closest access to the swimming pool - a deep pool well suited to lap swimming, ideal for Midmar Mile enthusiasts.
- From the main lounge, one can move south into a bar/pub area, complete with a guest bathroom and access to a large, enclosed covered braai room. This impressive space features a substantial built-in braai and glass panels overlooking the garden - perfect for year-round entertaining.
- The dining room also connects to a central breakfast area (far more generous than the name suggests), which leads into the main kitchen. The kitchen has a back door opening directly onto the braai and entertainment area.
- From here, there is access to another bedroom with en-suite bathroom, accessible only from the southern side of the building.
- External stairs lead down to the most private flat, comprising its own kitchen, living area, bedroom and en-suite bathroom, with direct access to one of the covered parking bays.
- Beneath the main bedroom is a network of domestic accommodation, two large double garages (currently utilised as a workshop and storeroom), and three additional covered parking bays - an area well suited to conversion into two or three further flatlets.
Additional Features
- Borehole system currently used for garden irrigation and topping up the swimming pool.
- Extensive covered parking throughout the property.
- Excellent scope for further development and increased rental returns.
This property offers the very real possibility of covering your mortgage with surplus income each month, making it a compelling prospect for discerning investors.
Whether you are investing for strong returns or seeking a flexible, multi-generational home, this property is a must-see.
Contact us today to arrange a private viewing and discover its full potential.
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