This amazing buy exists in the heart of Umhlatuzana in Chatsworth. The area is prominently residential and boasts a very close knit community. It has a vast variety or local shops, schools, prayer destinations and easy access to public transport. This also allows easy access to Malvern, N2 and M7 freeways. The area has a Chatsworth Community neighborhood watch that helps with crime and ensuring the area is kept clean and upmarket.
The home is situated on 1246 sqm of land with a vacant attached portion of 596 sqm that can be subdivided or extended for another home and sold off. This is a fabulous buy offering both plots inclusive in the price.
On the first dwelling the main house comprises of five spacious bedrooms, all fully fitted with built in cupboard. The rooms can accommodate double to queen beds plus ample room for a study. There is a common bath and shower for added comfort.
There is a separate lounge and dining area with fully fitted kitchen with formica tops and solid wooden cupboards. There is ample room to extend and modernize this property is need be.
The first flatlet is one bedroom with an ensuite and a lounge with a fitted kitchenette. This can yield an income of R 5000.00 per month.
The second flatlet is two bedrooms with a lounge and dining area. It has one bathroom and a fitted kitchenette yielding and income of R 7500.00 per month.
The property can subsidize its own bond just by renting out the two flatlets.
It is completely fenced and gated with electronic access.
Chatsworth, as a result of its history, is still predominantly Indian today, although there is a healthy mix of African, Indian, white and coloured residents. It boasts a rich flavour of mixed Indian cultures that has given rise to the Temple of Understanding, undoubtedly South Africa's most spectacular Hare Krishna temple with a multicultural and multi religious community. Chatsworth is said to be the heart of the...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.