4 Bedroom House For Sale in Protea Heights
R2,495,000
Monthly Bond Repayment R26,607.42
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL6481
Diamond in the Rough - 4-Bedroom Fixer-Upper with Pool and Income-Generating Granny Flat
Reduced by a massive R300 000!
Brimming with potential, this spacious 4-bedroom fixer-upper offers family-friendly features like a swimming pool, built-in braai, and a private income-generating granny flat yielding R8,000 per month. Located within walking distance to Bastion Primary, this property combines convenience with substantial investment potential.
Inside, a large lounge flows seamlessly into a dining area featuring a built-in braai, ideal for year-round entertaining. The dining area opens to an outdoor space with a pool, inviting you to transform it into your dream backyard retreat. The kitchen includes a separate scullery with plumbing, offering room for upgrades and customization.
The home's layout includes four well-sized bedrooms, with the main bedroom featuring a full ensuite bathroom. The additional bathroom, with both a shower and bathtub, ensures comfort and practicality for family needs.
Adding to its appeal, the granny flat provides a private retreat with significant rental income potential, perfect for extra revenue or extended family accommodation. A double garage and additional off-street parking for up to four cars add convenience to this well-located property.
With some TLC, this property could truly shine. It's a rare opportunity to create a personalized family haven while unlocking its full value in a prime location and in walking distance to Bastion Primary School and a creche.