House sold in Chatsworth, Malmesbury

Investment Property for sale in Chatsworth
SOLD!!!
RENTAL INCOME!!!
Current Rental Income of R 8 000 per month!
This is an excellent investment!
South Africa's depressed economy has affected house price growth. But there are still investment opportunities for young professionals – if you understand the market. To invest in property in South Africa, you'll need a deposit, which is typically between 10% and 20% of the property value. However, with a strong credit record, you might be able to secure a 100% home loan and avoid a deposit, though you'll still need funds for transfer costs and transfer duty.
The 2 dwellings on the property can be rented out "as is" or you can renovate / extend and up the income potential.
Stay in one dwelling and use the 2nd for income!
Viewing by appointment only.
Listing details
Rooms
- 4 Bedrooms
- Main Bedroom
- Main bedroom with built-in cupboards, curtain rails and vinyl flooring
- Bedroom 2
- Bedroom with curtain rails and vinyl flooring
- Bedroom 3
- Bedroom with built-in cupboards, curtain rails and vinyl flooring
- Bedroom 4
- Bedroom with curtain rails and vinyl flooring
- 2 Bathrooms
- Bathroom 1
- Bathroom with basin, curtain rails, shower and toilet
- Bathroom 2
- Bathroom with basin, shower, tiled floors and toilet
- Other rooms
- Family/TV Room
- Family/tv room with curtain rails and tiled floors
- Kitchen 1
- Kitchen 1 with curtain rails, melamine finishes and tiled floors
- Kitchen 2
- Open plan kitchen 2 with curtain rails, melamine finishes and tiled floors
