4 Bedroom House for sale in Protea Park

This freehold property in Protea Park offers a combination of a spacious main house and multiple rental units, making it an attractive investment opportunity. Here are the key features and benefits of this property: Main House Features • Bedrooms: 4 bedrooms providing ample space for a family. • Living Areas: • Big TV Room: A large space for entertainment and relaxation. • Dining Area: Spacious enough for family meals and gatherings. • Bathrooms: 2 bathrooms equipped for convenience. • Kitchen: • Family Gathering Kitchen: Vintage look with a cozy, welcoming atmosphere. • Scullery and Pantry: Extra space for storage and kitchen tasks. • Entertainment: • Two Lapas: Outdoor covered areas for social gatherings and relaxation. • Entertainment Area: Ideal for hosting friends and family. Additional Rental Units • Flatlets: • 3 separate flatlets, each featuring: • 2 bedrooms • A kitchen • A bathroom • Potential for a Bachelor Flat: An additional unit that can be rented out. Income Potential • Monthly Income: Approximately ZAR 20,000 from renting out the flatlets and potentially the bachelor flat. Utility Features • Stoves: 3 out of 4 stoves are gas, reducing electricity costs. • Water Supply: • Borehole: Ensures a reliable water source. • Irrigation System: Maintains the garden efficiently. • Pressure Pump and 2000L JoJo Tank: Provides water storage and pressure regulation. • Geysers: 4 geysers ensuring hot water availability. • Electricity: 2 prepaid meters for easier management of electricity usage. Parking • Covered Parking: 7+ spaces, protecting vehicles from the elements. • Open Parking: 5+ additional spaces for guests or tenants. Investment Benefits • Diversified Income: Rental income from multiple units reduces risk. • Self-Sufficiency: Water supply systems reduce dependency on municipal water. • High Demand: The variety of units caters to different tenant needs, from families to singles. • Attractive Features: Entertainment areas and vintage kitchen appeal to potential tenants. Summary This property in Protea Park is a versatile investment offering a comfortable main house for an owner-occupier or primary tenant and several rental units generating steady income. The combination of ample living space, practical utility features, and attractive entertainment options makes it a desirable property for both investors and residents. The expected monthly income of around ZAR 20,000 adds to its appeal, promising good returns on investment.

Protea Park, Protea Park, Rustenburg, North West

Area view — the exact address is shared on enquiry.

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