3 Bedroom House For Sale in Nelspruit
BondCosts
Property description
Discover this expansive 2,389 square meter property, perfectly located with access from both Miller Street and Baker Street. Offering a blend of residential comfort and income-generating potential, this property is a rare find.
Main House:
• 3 Bedrooms
• 2 Bathrooms
• Double Garage
• Enclosed patio with large windows showcasing breathtaking views of the Matumi Golf Estate.
Income-Generating Flats:
The property features 4 rental units, all currently occupied with rental agreements in place, ensuring a steady and reliable income stream. Each unit offers:
• 1 Parking space per unit
• Mostly equipped with prepaid meters for utilities
• Combination of electric or gas stoves and gas geysers
• Unit Breakdown:
o 1 Bachelor flat
o 1 Cottage with 2 bedrooms 2 bathrooms
o 2 flats / either 2 bedrooms 2 bathrooms OR only 1 bathroom
These upgraded and well-maintained units are in excellent condition, offering modern living for tenants.
Additional Features:
• Two storerooms
• Wendy house/tool sheds for extra storage
• Potential to subdivide the property into three separate stands, adding even more value.
This versatile property is perfect for investors seeking both immediate returns and long-term growth.
Contact us today for more information or to schedule a viewing!
- Pool
- Study
- Flatlet
- Store Room
- Patio
- Freehold
- Sea View
- Pets Allowed
- Laundry
- Flooring: Tiles
- Walling: Fully Fenced
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Basie Botha Properties - Nelspruit-Mbombela
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
