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R1,795,000

7 bedroom house for sale in Mount Vernon

7 Beds
3 Baths
1,078m²
Pets Allowed
House For Sale In Mount Vernon

Located on a spacious 1,078m2 plot, this remarkable property presents a rare and lucrative investment prospect.

The residence is divided into four distinct sections, with three currently generating a nice rental income and the fourth occupied by the owner.

This unique setup offers flexibility for various investment strategies or family living arrangements.

Key Features:

Generous Accommodation: The property boasts 7 spacious bedrooms, providing ample space for family living, guest accommodations, or separate quarters for various family members.

Multiple Living Areas: With 4 lounges and 4 dining rooms, the property offers flexible use of space, whether for relaxation, entertainment, study, or professional activities.

Well-Appointed Kitchens: The inclusion of 4 well-appointed kitchens enhances the property's versatility, making it suitable for multi-family living or rental income generation.

Bathroom Facilities: The property features 4 bathrooms, ensuring convenience and privacy for all residents and visitors.

Refurbishment Opportunities: While the residence requires some refurbishment, particularly with regards to the roof, it offers immense potential for extension and renovation. With thoughtful updates, this property can be transformed into a truly exceptional investment opportunity.

Location & Accessibility:

Situated on large grounds, the property features ample parking for up to 15 vehicles, ensuring unparalleled convenience and accessibility.

The neighborhood offers a blend of tranquility and proximity to local amenities, making it an ideal choice for families and investors alike.

Investment Highlights:

Long-Term Appreciation: This property presents a unique opportunity to capitalize on a high-yielding investment while enjoying the potential for long-term appreciation in value.

Flexibility & Versatility: The divided layout and multiple living areas make it suitable for various investment strategies, including rental income generation or conversion into a multi-unit residence.

Whether you're a seasoned investor or a first-time buyer, this property is sure to capture your attention.

Contact us today to schedule a viewing and explore the possibilities it has to offer.

Property Type
House
Bedrooms
7
Bathrooms
3
Stand Size
1,078m²
Living Area
8
Rates & Taxes
R1,439
Pets Allowed
Yes
Reference
ENT0294858
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R19,966
Home loan repayment
R18,527
Rates and taxes
R1,439
Utilities
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R0
Property history
Listed for sale at R1,795,000
07 Mar 2025
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