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Mandalay, Mandalay, Cape Flats, Western Cape
R 1 950 000
Dont miss out on this great opportunity. The property is a move-in and settle. Pre-Approved buyers are welcome. Property layout can be discussed upon viewing.Property DescriptionPrime Investment andamp Family Home Mandalay Old SectionSituated in the sought-after Old Section of Mandalay, thiswell-developed 515 sqmProperty offers a versatile opportunity for both homeownersand investors. With multiple dwellings and strong income-generating potential,the property is ideally suited for extended family living or as a high-yieldrental asset.Main HouseThe main dwelling comprises three well-sized bedrooms, allwith tiled flooring. The home includes a main bathroom and an en-suite,offering practical family living. A fully fitted kitchen complements thelayout, while the interiors are neat and functional throughout.The Outdoor Entertainment AreaFeatures a gated splash pool set within a slate-style pavedenclosure, ensuring privacy and security. A built-in braai area with anundercover laundry section enhances the property''s usability for entertainingand day-to-day convenience. Two courtyards approximately 8m x 5m and anadditional rear courtyard provide ample outdoor space.Parking andamp AccessThe property benefits from two separate entrances, allowingfor ease of access and tenant privacy. Covered garage parking accommodates upto three vehicles potentially four, with additional off-street parking forthree vehicles. The garage area is fitted with polycarbonate sheeting and IBRroofing.Separate Entrance 1This modern unit offers:Two bedrooms with built-in cupboardsOpen-plan lounge and fully fitted kitchenTiled floors and PVC ceilingsContemporary bathroom with corner bath and showerSeparate Entrance 2This unit includes:Two bedroomsOpen-plan lounge and fitted kitchenFamily bathroom with overhead showerAdditional FeaturesEstimated rental income: R28,000 per monthTwo geysers servicing the propertyAutomated garage accessRecently repainted exteriorMain house tiled roof outbuildings with IBR flat roofingSecure and well-maintained throughoutThis property is fully developed and presents excellentpotential as a dual-living residence or a strong income-generating investment.Asking Price: R1,950,000 Costs ExclusiveReasonable offers will be considered.Viewing andamp EnquiriesStrictly by appointment. No unsolicitedmarketing or intermediaries.Contact:Devon TheronREMAX PropTWD PROPERTY CONSULTANTS PTY LTD trading as REMAX Propt Strandfontein operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 18 414
on a R 1 755 000 bond over 20 years at 11.25%
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Mandalay, Mandalay, Cape Flats, Western Cape
Listed by
Sarah Smith
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