R950,000
Monthly Bond Repayment R10,131.08
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Free standing house as Investment opportunity with huge potential
Investment Opportunity: Fixer-Upper in Orange Grove
Discover a promising investment opportunity with this free-standing house in Orange Grove, ideal for savvy investors looking to maximize potential. This face brick structure allows for low maintenance in terms of the external façade allowing greater opportunity to focus on the enhancement of the interior of the house.
This property offers the chance to transform it into a multi-unit residence, with the possibility to convert it into single rooms complemented by communal ablution facilities and a shared kitchen.
Whilst this allows for investment opportunity, the house still lends itself to the be renovated and modernized into a beautiful family home.
The house is already equipped with separate electricity meters, streamlining the conversion process. Minor renovation such as painting and maintaining of floors are underway, providing a solid foundation for further renovations.
Conveniently located near a major road, the property ensures easy access in and out of the suburb. Public transport routes, schools, and shopping facilities are all within close reach, enhancing the appeal for future tenants.
Seize this opportunity to invest in a property with great potential and capitalize on its prime location and existing upgrades.
Features
Interior
Exterior
Sizes
Extras
Near Shopping Mall • Near Public Transportation • En-suite Bathroom • Covered Parking • Needs Renovation • Entrance Hall • Near Motorway • Corner Lot • Built in Wardrobes • Near Shops • Unfurnished • Brick • Near Hospital • Garage • Wheelchair Accessible • Near Schools • Kitchen - ExtraGet Email Alerts
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