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R1,650,000 | 4 Bedroom Freestanding For Sale in Mandalay

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R1,650,000

Monthly Bond Repayment R17,031.10
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Monthly Rates
R300

Investment Opportunity in Mandalay, Mitchells Plain

Discover this lucrative investment opportunity in Mandalay, Mitchells Plain! This spacious property offers a three-bedroom main house with additional rental units, perfect for generating income.

Main House: Three bedrooms including an en-suite master bedroom with built-in cupboards.
Kitchen: Fully fitted with an extractor fan, oven, and stove.
Living Areas: Lounge, dinette, and TV room with down lights and blinds.
Bathrooms: Family bathroom tiled throughout.
Parking: Garage with ample space for multiple cars.
Security: Burglar bars, security gates, and fully enclosed for peace of mind.
Fibre Ready - wifi installation

Rental Units: Five separate entrances:

Two units with two bedrooms each, featuring showers and toilets.

Three units with one bedroom each, also with showers and toilets.

Automated Gate: Remote-controlled for convenience.

Borehole System: Ensuring reliable water supply.

Rental Income: Currently generating R15,000 per month.

Convenience: Close to schools, shopping malls, and public transport.

Don’t miss out on this excellent investment opportunity! Contact us today to arrange a viewing and secure your future income.

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
1
Security
Yes
Parkings
4
Flatlet
5
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
90m²
Land Size
579m²
Extras Burglar Bars; 24 Hour Response; Alarm System; Carport; Electric Garage; Electric Gate; Fibre; Borehole
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-34.0157813, 18.6264694
Chantal Norman
Chantal Norman
Candidate Property Practitioner Registered with PPRA
(FFC 2023746151)
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