R4,250,000

R4,250,000

7 Bedroom House For Sale in Mount Edgecombe
7
Bedrooms
6.5
Bathrooms
6
Garages
Print

GREAT INCOME GENERATOR

Web Ref. TPR9516
Land size 1354.00 m²
Floor size 500.00 m²
Monthly Bond Repayment
R41,719.84
NEW SOLE MANDATE : PRICED TO SELL!

Are you looking for a great income generating property - perfect AIR B+B / or medical "Step Down" / or a multi-family residence ....the options are endless....

This excellent 'niche' property offers so much to those with broad vision and who have a need for additional income to be generated to offer great returns. You could almost live 'or free' with income from the garden flats. A stepless simplex home as the main dwelling (3 beds) plus a separate building containing the 4 individual flats (2 ground floor and 2 upper level flats)...all on one property and in excellent condition.

This is a unique property ! There is a lovely spacious three bedroomed single level (simplex / stepless) home plus separate building structure offering four income generating cottages / flats which currently generate approx R30K per month - so why not live in the house and have the passive income balancing out....

So much value for your money! ....this excellent property offers you a range of income generating options!
Option #1 : Keep 'as is' (ie: live in the house and rent out the 4 flats which currently bring in R30K per month)
Option #2 : Live the house and run the 4 flats as a AirBNB accommodation
Option #3 : Turn the entire 7 bedrooms (entire house) into an AirBNB venture
Option #4 : Live in the main house and have your family live in one or more of the flats

The main house is spacious and in really good condition as too are the flats : if you are wanting a good income generator, then this is an excellent option. So many features - too many to list.

Located in the popular suburb of Mt Edgecombe in a secure cul-de-sac with easy access to Cornubia, Cornubia Mall, Gateway and all freeways.

Call me to discuss the amazing property further and/or to arrange a viewing.
Monthly Rates R5,341

Features

Interior
7 Bedrooms
6.5 Bathrooms
5 Kitchens
5 Lounges
5 Dining Rooms
Exterior
6 Garages
8 Parkings
4 Flatlets
Pet Friendly
Security
Sizes
Land Size 1,354 m²
Floor Size 500 m²
Listing Info
Date Listed 12-12-25
Time Listed 07:39

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.