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R1,560,000 | 4 Bedroom Freehold For Sale in Penina Park

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R1,560,000

Monthly Bond Repayment R16,636.30
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,600

Exciting Investment or Renovation Opportunity in Penina Park!

Exciting Investment or Renovation Opportunity in Penina Park!

Discover the potential of this remarkable property in the sought-after neighborhood of Penina Park. Whether you're an investor seeking a lucrative opportunity or a family ready to put your stamp on a home, this property offers endless possibilities.

Key Features:

Four Bedrooms: Spacious living awaits with four bedrooms, providing ample space for family living or rental opportunities.
Expansive Kitchen: The kitchen stretches invitingly, offering a canvas for your culinary dreams and family gatherings.
Huge Yard: Embrace outdoor living with a sprawling yard, perfect for relaxation, gardening, or entertaining.
Double Garage Turned into Two Apartments: Unlock the property's potential with two incomplete apartments in the double garage. These spaces offer versatility for rental income, extended family living, or creative renovation projects.
Attention Investors:

With the groundwork already laid for two additional rental units, this property presents a promising investment opportunity. Complete the apartments to capitalize on the growing demand for rental accommodation in the area, maximizing your return on investment.

Ideal for Renovators:

For those with a vision and a passion for renovation, this property is a blank canvas awaiting transformation. While the house requires serious maintenance, its solid structure and prime location make it an exciting project for renovators seeking to create their dream home or lucrative investment property.

Explore the Possibilities:

Imagine the potential of this property once brought back to its full glory. From modern updates to creative renovations, the possibilities are endless. Envision your future in Penina Park and seize this opportunity to make your mark in a thriving community.

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Features

4
3
2
Pets Allowed
No
Interior
Bedrooms
4
Bathrooms
3
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Garages
2
Security
No
Parkings
6
Flatlet
1
Pool
No
Sizes
Land Size
1,269m²
Extras Carport; Carpets; Pantry
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