Investment Property: This very special property is situated on a large stand and is minutes away from popular schools, the CBD, Valencia, and Valley Hyper Shopping Centre. The peaceful and tranquil setting with a rustic and extraordinary design makes this property very special and in harmony with nature. It previously consisted of the main house and a separate flat. The owner has changed the house and flat into 3 x 2 bedroom units - each with its own entertainment area, double carport, and communal garden. The buyer will have 2 options. Option 1: Keep the 3 units and apply at the municipality to re-zone as high density. Option 2: Convert it back to a house with a flat. With the second option, zoning will remain unchanged. The potential rental income is R22 000.
Nelspruit (CBD and All Major Extensions)
Central Nelspruit is the original part of town and close to the CBD. Many of the large old properties have been granted business rights and converted for office or commercial use. There are some untouched gems in this area for the enthusiastic home flipper or property developer: large family homes sporting original features, set in wild, untamed gardens. Its wide streets...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
