Beatiful home in Upmarket pocket of Gatesville

Ref # 2276805
R2,550,000
Property Details
6 Beds
2 Baths
2 Garages
5 Open Parkings
138m²
694m²

This exceptional property presents a unique investment opportunity in the highly desirable suburb of Gatesville. Its prime location offers convenient access to bustling shops and is just a short 2-minute walk from the Gatesville mosque and Rylands schools.

Additionally, it is strategically situated near all essential amenities and major routes, ensuring easy connectivity.

The main house boasts a well-designed layout, featuring 2 bedrooms with built-in cupboards, a spacious fitted kitchen, a family bathroom, and an open-plan lounge and dining room. Connected to the main house is Flatlet 1, which includes a bedroom with built-in cupboards, an ensuite bathroom, and a lounge that can potentially be converted into a kitchen. At the rear of the property lies Flatlet 2, comprising a large fitted kitchen, a generous bedroom, and a family bathroom.

One of the standout features of this property is the open configuration between the main house and Flatlet 1, providing the main house with additional space and transforming it into a 4-bedroom, 2-bathroom residence. This versatile home is ideally suited for various scenarios, such as a small family seeking to generate rental income from the flatlets to supplement their bond payments, a large family looking to expand their living space to include 6 bedrooms and 3 bathrooms, or an average family desiring the convenience of working from home.

Furthermore, the property offers ample parking space for approximately 8 cars in the front, ensuring convenience and security. The pool, although in need of some maintenance, presents an exciting opportunity for potential buyers to re-imagine and enhance this outdoor feature. With endless possibilities and a highly sought-after location, this property represents a rare chance to make a sound investment in this coveted neighborhood.

Potential rental income for the property= R27 000 p/m

Shibnim Shaboodien is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.

Property Features
Property Type
House
Bedrooms
6
Bathrooms
2
Garages
2
Open Parking
5
Floor Size
138m²
Land Size
694m²
Costs and Terms
Rates & Taxes
±R790
Share this Property
Make an enquiry
Interested in this property? Please fill in your details below, and we will contact you as soon as possible.
By clicking on "submit" you agree to our privacy policy.
You may also be interested in these properties
R 2,595,000
Just Listed
3
1
2
1
573m²
House for sale in Ottery
Charming Corner-plot Home Opposite Royal Cape Golf Course
Relaxed family living opposite the Royal Cape Golf Course, with sunny corner garden and swimming pool for entertaining; offers three bedrooms, one bathroom and double garage with extra undercover parking.
R 3,095,000
Just Listed
Video Tour
3
2
1
1
142m²
House for sale in Kenilworth
Stylish 3-bed Freestanding Duplex In Kenilworth, Cape Town
Sunny, easygoing family living with private courtyard perfect for braais and low‑maintenance gardening, within walking distance to schools, cafés and Claremont — three bedrooms, two baths and single garage.
R 3,100,000
Just Listed
6
3.5
2
5
608m²
House for sale in Belthorn Estate
Investors, Corner Plot, 2-3 Separate Units
Ideal for multi-generational living in Belthorn Estate, this corner-plot home offers three self-contained units, convertible laundry for an extra suite, and parking including a double garage.