• 10
  • 4
  • 1
  • 251 m2
  • 469 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.

Mun. Rates & Taxes: ZAR 1200.00

Monthly Levy: ZAR 0.00

Special Levies: ZAR 0.00

Property description

Investment Opportunity: Spacious 10-bedroom Double-Story Home in Colorado Park, Mitchell's Plain 

Explore this expansive double-story home in Colorado Park, Mitchells Plain, perfect for student accommodation and community organizations! Featuring 10 bedrooms, 4 bathrooms, 2 kitchens, a lounge, dining room, and guest toilet. Covered parking for 3 vehicles and additional uncovered parking. This property offers versatile rental potential. Each room can generate up to R2500 in rental income, presenting a fantastic opportunity for investors. 

Explore this versatile property offering two distinct sections for sale:

Section 1 - Main House:

  • Price: R 1,495,000.00
  • Spacious 7-bedroom family home
  • Newly renovated with 3.5 bathrooms
  • Downstairs: Separate lounge with fireplace, open-plan dining room, farm-style kitchen
  • High wooden ceilings, tiled floors, guest toilet
  • Two large bedrooms downstairs (one en-suite), additional room
  • Upstairs: Four generous-sized bedrooms (one en-suite with balcony), family bathroom
  • Enclosed yard with drive-through tandem garage/carport (4 cars), secured by high walls with razor wire

Section 2:

  • Price: R 500,000.00
  • Three bedrooms, kitchen, bathroom 

Located near malls, schools, hospitals, and places of worship, this property presents an excellent investment opportunity or an ideal home for a large or extended family. Take advantage of this dual-section property - inquire now for more details or to schedule a viewing!

Don't miss out—capitalize on this ideal property for student living and community initiatives! Call us today!

Approximate rates per month - R1200.00

Approximate erf size - 469sqm

 

Property Details

  • 10 Bedrooms
  • 4 Bathrooms
  • 1 Garages
  • 2 Ensuite
  • 1 Lounges
  • 1 Dining Area
  • 1 Flatlet

Property Features

  • Balcony
  • Staff Quarters
  • Pets Allowed
  • Fence
  • Scenic View
  • Kitchen
  • Fire Place
  • Guest Toilet
  • Entrance Hall
  • Paving
  • Garden
  • Family TV Room