Spacious 4 Bedroom Family Home With 4 Income Generating Flatlets on a Prime Corner Stand.

R2,520,000

Aviary Hill, Newcastle, KwaZulu Natal, KwaZulu Natal

House for sale in Aviary Hill, Newcastle, KwaZulu Natal

Aviary Hill, Newcastle, KwaZulu Natal, KwaZulu Natal

R2,520,000

Ref:1541467
4Bed
3Bath
Type: House

Description

This versatile corner property offers the perfect combination of a spacious family home and an excellent investment opportunity. With four fully tenanted flatlets already generating rental income, this property is ideal for buyers looking to live comfortably while earning additional income.

The main house features four well-sized bedrooms and three bathrooms. Two of the bedrooms have en-suite bathrooms, while the third bathroom is a full bathroom complete with a bath, shower, basin, and toilet.

The first bedroom includes built-in cupboards and an en-suite bathroom with a shower, basin, and toilet. The second and third bedrooms both offer built-in cupboards and ceiling fans. The main bedroom is spacious and tiled, featuring a sliding door, ceiling fan, a walk-in closet, and a private en-suite bathroom.

The home offers comfortable living areas including a living room fitted with an air conditioner, a dining room with a cozy fireplace, and a large open-plan kitchen with plenty of space for cooking and entertaining. Additional features include an entrance hall and a study, perfect for working from home.

Outside, the property offers excellent entertainment space with a covered patio and braai area, as well as a boma area in the corner of the yard for relaxed outdoor gatherings. There is also a courtyard and multiple carports for parking.

A major highlight of the property is the four separate flatlets, all currently rented out with contracts in place, providing immediate rental income.
• One larger flatlet includes a bedroom, walk-in closet, kitchenette, and bathroom.
• Three additional flatlets each offer a living area, bedroom, small kitchenette, and en-suite bathroom.

The flatlets have their own entrance gate and dedicated carports, ensuring privacy and convenience for tenants.

Additional features include an alarm system and electric fencing (which may require minor TLC).

Situated on a spacious corner stand, this property is perfect for families looking for space while also benefiting from a ready-made rental income opportunity.

This is a rare opportunity to secure a home and investment in one.
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Location

Aviary Hill, Newcastle, KwaZulu Natal, KwaZulu Natal

Data

Object TypeHouse
Purchase PriceR2,520,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms8

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

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