5 Bedroom Freestanding For Sale in Vasco Estate
R1,949,999
162 Wellington Street
Monthly Bond Repayment R20,460.48
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RNR20292
Accelerate Your Bond Repayment with Rental Income: Practical Family Home with Dual Flatlets
Seize the opportunity to expedite your bond repayment with the rental income from this practical family home, perfectly located in the desirable Goodwood suburb. This property combines functional living spaces with valuable investment potential.
Property Highlights:
Functional Living Area: The spacious lounge, complete with a practical indoor fireplace, offers a comfortable setting for everyday living. The open-plan layout flows seamlessly into a straightforward kitchen and dining area.
Comfortable Bedrooms: The home includes three well-sized bedrooms with built-in cupboards and a functional family bathroom, designed for everyday convenience.
Outdoor Space: The ample, secure yard is suitable for outdoor activities and gatherings. The property features fencing and an automated gate for enhanced privacy.
Investment Potential: Two independent flatlets, each with its own entrance, bedroom, bathroom with shower, and open-plan living area with kitchen, provide excellent rental income opportunities. Separate electric meters are installed, offering financial benefits and helping to reduce your bond repayment time.
Future Potential: Approved plans for a double-story conversion offer additional potential for growth and improvement.
Located near N1 City shopping mall, local schools, childcare facilities, sports clubs, and medical centers, with easy access to major transport routes.
This property offers a practical solution for both living and investment. Contact me today for more information or to arrange a viewing.