5 Bedroom House For Sale in East Bank

R1,200,000

87 HIGH STREET

Monthly Bond Repayment R12,386.26
Calculated over 20 years at 11% with no deposit.

Web Ref No 7026298

Refurbished East Bank Residence with Income-Generating Flats.

SOLE MANDATE: This newly renovated property offers a unique blend of family living and rental opportunities.
Main Residence
The main house features two bedrooms with wooden flooring, a bathroom, a lounge, and a functional kitchen. Additionally, there's a generous utility room currently utilized for church wafer production, which can be transformed into an expansive open-plan lounge, dining, and kitchen area. Ample walk-in storage space enhance this area
Income-Generating Flats
The remainder of the property has been thoughtfully converted into three separate flats:
• Flat 1 & Flat 2: Each comprises a compact bedsitter and a separate bedroom, ideal for singles or couples.
• Flat 3: A more spacious unit featuring two bedrooms, a full bathroom, a laundry area, and an open-plan lounge and kitchen, suitable for small families or professionals.
Exterior Features
Set on a substantial plot, the property boasts a double garage, chicken runs, and a shaded net parking area, offering both functionality and potential for further development.
This property is perfect for homeowners seeking additional income streams or investors looking for a multi-unit rental opportunity.

Features

Bedrooms 5
Security Yes
Bathrooms 4
Recep. Rooms 2
Floor Size 350m²
Garages 1
Land Size 1,107m²
Carports/Parkings 1
Pets Allowed Yes
Monthly Rates R1,323.00