R 1 300 000 | 3 Bedroom House for Sale in East Lynne

Excellent Investment Opportunity | Multiple Rental Options | 961 m² Stand | Eastlynne, Pretoria

This property offers an excellent opportunity for investors looking for multiple rental-income streams from one property, situated on a spacious 961 m² stand in Eastlynne, Pretoria.

The main house features:

Main House

- 3 bedrooms
- 1 bathroom with a bath
- Lounge
- Dining room
- Kitchen
- Carport parking for 4 vehicles
- 1 open garage parking
- Own separate entrance

The property also offers two separate flatlets, providing excellent potential for additional rental income. The two flatlets are separate from the main house and share the same entrance.

Flatlet 1 – 2 Bedrooms

- 2 bedrooms
- Lounge
- Kitchen
- Bathroom with shower
- Shared entrance with the 1-bedroom flatlet
- Own prepaid electricity meter

Flatlet 2 – 1 Bedroom

- 1 bedroom
- Lounge
- Kitchen
- Bathroom with shower
- Shared entrance with the 2-bedroom flatlet
- Own prepaid electricity meter

Potential Rental Income

- Main house: Approximately R8,000 per month
- 2-bedroom flatlet: Approximately R6,000 per month
- 1-bedroom flatlet: Approximately R4,000 per month

Potential combined rental income: approximately R18,000 per month.

This property has excellent potential for an investor looking to generate income from multiple living spaces, or for a buyer who would like to live in the main house while generating additional rental income from the two flatlets.

Important Information

Please take note that the property is being sold out of a deceased estate.

No Certificates of Compliance (COCs) or approved building plans will be provided by the Seller. Should the Purchaser's financial institution require a COC and/or approved building plans as part of the financing requirements, obtaining these will be for the Purchaser's own account and responsibility, subject to the applicable requirements.

With its 961 m² stand, three separate living opportunities, good rental potential and convenient Eastlynne location, this property has a lot of potential and is an opportunity not to be missed.

Investors, don't miss out – this one is worth viewing!