R2,100,000
4 Governor Street, Somerset Park, Worcester
Monthly Bond Repayment R22,757.84
Calculated over 20 years at 11.75% with no deposit.
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3 Bedroom house plus 3 one bedroom Flats for sale
Exclusive Sole mandate with Just Property Worcester
Nestled in the heart of Somerset Park, this property presents an enticing opportunity, perfect for investors or large families alike. Boasting a prime location within walking distance of the Drosdy Centre, town amenities, and numerous schools, convenience is at your doorstep. The main house, featuring three bedrooms, two bathrooms, and an indoor braai, promises comfortable living. Additionally, a garage adds practicality to the arrangement. The property's allure expands with two charming one-bedroom apartments at the rear, each accompanied by its own small plot, offering potential for rental income. Furthermore, a third apartment on the top floor, capable of integration with the main house, provides flexibility in usage. While the property may require some refurbishment to unleash its full potential, this presents a canvas for enhancement and personalization. With its blend of versatility, income potential, and desirable location, this property embodies a promising investment or a welcoming haven for a growing family, awaiting transformation into a cherished home.
Rent income :
R5000/ flat, which gives a total of R15 000, plus R10 000 income on the 3 bedroom house.
Total rental income on the property is R25 000.
Nestled in the heart of Somerset Park, this property presents an enticing opportunity, perfect for investors or large families alike. Boasting a prime location within walking distance of the Drosdy Centre, town amenities, and numerous schools, convenience is at your doorstep. The main house, featuring three bedrooms, two bathrooms, and an indoor braai, promises comfortable living. Additionally, a garage adds practicality to the arrangement. The property's allure expands with two charming one-bedroom apartments at the rear, each accompanied by its own small plot, offering potential for rental income. Furthermore, a third apartment on the top floor, capable of integration with the main house, provides flexibility in usage. While the property may require some refurbishment to unleash its full potential, this presents a canvas for enhancement and personalization. With its blend of versatility, income potential, and desirable location, this property embodies a promising investment or a welcoming haven for a growing family, awaiting transformation into a cherished home.
Rent income :
R5000/ flat, which gives a total of R15 000, plus R10 000 income on the 3 bedroom house.
Total rental income on the property is R25 000.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchen
4
Reception Rooms
5
Furnished
No
Exterior
Garages
1
Security
No
Parkings
2
Flatlet
3
Pool
No
Scenery/Views
Yes
Sizes
Land Size
580m²
Extras
Flatlet; Balcony; Built In Braai; Built in Wardrobes; Security Gate
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Somerset Park, Worcester
Welcome to Worcester, a vibrant town in the scenic Breede Valley of South Africa. Known for its rich agricultural heritage, stunning mountain views, and warm community spirit.Discover the beauty of Worcester's landscape, which is surrounded by majestic mountain ranges such as the Brandwacht, Overhex, and Langeberg. The fertile valley is dotted with vineyards, orchards, and farmlands, creating a picturesque setting....
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