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3 Bedroom House For Sale in Randhart

R1,495,000


Monthly Bond Repayment R15,943.12
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RADV-13983

House For Sale in Randhart, Alberton

If you're looking for a promising property investment or a home project with great potential, this residential property is the perfect opportunity.


 It offers versatile options for both investors, developers or homeowners who want to shape it according to their needs. This property provides significant room for growth and customization, making it an attractive option for those looking to increase their returns in the real estate market.


Property Overview


This property is subdivided into two stands, making it an attractive choice for those looking to maximize value. The main house is designed with 3 bedrooms and 2 bathrooms, one of which is en-suite for added convenience. There is potential to improve the open-plan layout that connects the kitchen, dining area, and family room, creating a spacious and comfortable living environment. There’s also a separate lounge for more private gatherings.


Investment-Friendly Features


Key features that make this property appealing for investment include:


• Subdivided stands: The potential to develop the second stand into a new structure, or sell it independently, maximizes the return on investment. 


• Outside buildings: Staff quarters with a toilet offer additional space that could be repurposed or used as-is.


• Double carport: and Swimming pool: 


Development Potential


What makes this property especially exciting for investors is the option to convert the current family room into a separate 3-bedroom, 2-bathroom home. This additional unit would feature its own lounge and kitchen, creating the possibility of dual rental income from the same property. This makes the property a fantastic opportunity for investors who may want to create rental income or homeowners looking for additional living space for family or guests.


Central Location


The property is located close to shops and schools, making it highly desirable for families. This central positioning increases the likelihood of attracting long-term tenants or buyers, ensuring a steady rental income or quick resale after development. With demand for well-positioned residential properties rising, this location is set to see value appreciation in the coming years.




Features

Bedrooms 3
Bathrooms 2
Recep. Rooms 1
Dom. Accom. 1
Garages 1
Land Size 992m²
Pool Yes
Pets Allowed Yes
Monthly Rates R1,152.00

Agent Contact Details

Anita Frasco
RE/MAX-Advantage (Rosebank)

Cell +27833270623
Office (011) 4476763
Freddie Matsoha
RE/MAX-Advantage (Rosebank)

Cell 0636189764
Office (011) 4476763
Tristan Vermaak
RE/MAX-Advantage (Rosebank)

Cell 0829044904
Office (011) 4476763

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