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R950,000

4 bedroom house for sale in Riverside View Ext 35

4 Beds
2 Baths
52m²
180m²
Reduced
House For Sale In Riverside View Ext 35

A fixer-upper is invited to make an offer on these possible passive income generator. This property still have its original three bedroom, one bathroom house with units installed in each bedroom.

What makes this property outstanding is the incomplete building which is almost complete. This double storey outbuilding comprises of four bachelors two of which are near ready for occupation as water and electricity have been installed.

The two top floor units needs a roof and some finishes. If looked from an investment point of view, the property is a cash cow which can give close to R20 000pm.

The buyer should note that they will need to draw the plan off the ground and seek municipal approval.

Inside

4 Complete Bedrooms

3 Complete Bathrooms

2 Complete Kitchens

1 Living Areas

Outside

Undercover garage to accommodate two cars

4 Incomplete Outbuildings

Amenities

Easy access to main road access

Close to sought after schools

Shopping centres in area

Agent Sello always delivers. Contact him for private viewing

Property Type
House
Bedrooms
4
Bathrooms
2
Stand Size
180m²
Building Size
52m²
Rates & Taxes
R564.33
Reference
ENT0279951
Bedroom
B I C, Tiled Floors, More Features
Bathroom
B I C, Tiled Floors, More Features
Property history
Listed for sale at R998,000
26 Jun 2024
Price reduced by 4.8% to R950,000
14 Oct 2024
Get to know Midrand
Nowhere is the old adage of “location, location, location” more prominent than it is in Midrand. This once small halfway house has grown into a fully fledged hub of activity.
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