5 BEDROOM HOUSE AND RENTAL PROPERTY WITH INCOME FOR SALE IN UNIONDALE – WESTERN CAPE
Sole mandate.
We are pleased to present this unique property with Residential and Commercial opportunities in Uniondale.
Monthly rental income from house rental aswell as monthly income from the commercial property next door.
Neat 5 bedroom home and adjacent rental property for sale as one unit.
The property consists of a lovely 5 bedroom house, and adjacent separate erf containing a large shop currently rented out to a leading national furniture chain.
The home is set on a large erf and has a beautiful, well-established garden.
The home has been lovingly maintained by the current owner for the last 30 years.
At present the house is conveniently divided into a 3 bedroom house and a 2 bedroom flatlet.
Houses :
The 3 bedroom home consists of :
3 bedrooms, lounge, open plan kitchen with pantry and dining area, two bathrooms and scullery area. Loads of cupboard space.
The 2 bedroom flat consists of :
2 bedrooms, open plan lounge and kitchenette area, bathroom and scullery area.
The partition can be easily removed to return the home into a full 5 bedroom house if need be.
The 3 bedroom house is currently rented out.
Separate electrical meters for the 3 bedroom home and the 2 bedroom flatlet.
The outdoor area is neat and well-maintained and also has a large garage with 3 bays and additional storage space.
Shop :
The adjacent large industrial zoned erf consists of a large shop with display floor space taking up the front area of the store, and storage/ warehousing and ablution area at the back. A separate loading zone allows for convenient loading.
This erf has loads of undeveloped space at the back end of the erf that can be still be utilized for other buildings.
The shop is currently leased out on a long lease to a major furniture store chain.
Possiblities exist to utilize the open back space on the erf to build a row of storage garages to increase the monthly income.
Outbuildings :
1 x Double garage
1 x Outside room
Utilities :
Eskom with separate connection to both properties.
Water : Municipal connections to both properties.
House area zoned : Single Residential Zone 1
Shop area zoned : Business Zone 1
All in all a very interesting property opportunity.
Contact me for a viewing.
