Kathu, Northern Cape
R 1,950,000
3 Beds | 1 Bath | 985 m² Land
Ideal Investment Property:
This property boasts a versatile layout, featuring a charming main house with 3 spacious bedrooms and a self-contained 1-bedroom flat. With approved plans and recent rezoning that allows for the construction of an additional flat and a new bathroom for the main house, this property presents an incredible opportunity for both immediate rental income and future development.
Main House:
The main house includes three well-sized bedrooms, each with ample natural light and storage space. The bedrooms share a well-appointed bathroom.
Living Space: A cozy dining area connects seamlessly to an open-plan kitchen, ideal for family gatherings and entertaining. The kitchen is equipped with modern appliances and a breakfast bar.
Outdoor Area: The property features a braai area perfect for outdoor entertaining.
1-Bedroom Flat:
The flat is an ideal rental opportunity or guest accommodation.
Development Potential:
The property comes with approved plans for the construction of a second flat, enhancing rental potential and overall property value. The plans also include a new bathroom to be added to the main house, allowing for greater convenience and appeal to future tenants. Recent rezoning has opened up opportunities for further development, making this property a prime candidate for future investment growth.
This investment property is a rare find, combining immediate rental income potential with future development opportunities. With its strategic layout, approved plans, and favorable zoning, it is perfect for savvy investors looking to maximize their returns while enjoying the benefits of a well-maintained home.
Key Details
Reference LFPE-16405
Listing type Sale
Property type House
Listing zone Residential
Suburb Kathu
City Kathu
Province Northern Cape
Rates R 2,000
Property Details
Bedrooms 3
Bathrooms 1
Covered parking 2
Land size 985 m²
Aircon Yes
Garden Yes
Kitchen Yes
Storage Yes
Lounges 1
Flatlets 1
Fireplace Yes
Access gate Yes
Water Tanks Yes
Pets allowed Yes
Guest toilet Yes
Dining areas 1
Entrance hall Yes
Built-in braai Yes
Family / TV room Yes
Built-in cupboards Yes
Finance
Bond Calculator
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.
