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R1,350,000 | 6 Bedroom Freehold For Sale in Croydon

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R1,350,000

6 karnelian, Croydon, Kempton Park

Monthly Bond Repayment R14,396.80
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,326.75

6 Bedroom Freehold For Sale in Croydon

CALLING OFFER FROM R1 399 000 SELLER IS ASKING R1 799 000.00
Nestled within the serene semi-boomed enclave of Croydon, this substantial residence has been thoughtfully subdivided into three charming 2-bedroom apartments, offering an exciting opportunity for investment. While the property may require a touch of tender loving care (TLC), its potential for transformation into a lucrative income-generating asset is undeniable.

Approaching the property, you're greeted by an imposing structure with undeniable potential. The grandeur of its architecture, though slightly weathered, hints at the elegance and character waiting to be restored within.

As you step inside, you're met with spacious interiors brimming with possibilities. While a bit worn around the edges, the layout of each apartment offers ample room for modernization and enhancement. High ceilings and large windows flood the living spaces with natural light, creating a warm and inviting atmosphere.

Although the kitchens and bathrooms may require some updating, they provide a solid foundation for customization to suit contemporary tastes and standards. With a little elbow grease and a creative vision, these spaces can be transformed into modern havens of comfort and convenience.

Each apartment boasts two well-proportioned bedrooms, providing comfortable retreats for tenants. With a fresh coat of paint, new flooring, and updated fixtures, these rooms have the potential to become stylish sanctuaries where residents can unwind after a long day.

Outside, the property offers ample space for landscaping and outdoor amenities, providing potential for further enhancement and curb appeal. A secure gated entrance ensures privacy and peace of mind for both residents and their vehicles.

Set in the sought-after neighborhood of Croydon, this property not only presents a promising investment opportunity but also offers a desirable location for tenants. Close proximity to local amenities, schools, and transportation links adds to its appeal, making it an attractive option for prospective renters.

In conclusion, while this subdivided house in semi-boomed Croydon may require a bit of attention to unlock its full potential, it represents an exciting opportunity for those with vision and ambition. With a little TLC and strategic investment, it has the potential to become the cornerstone of a lucrative real estate venture, promising substantial returns and a rewarding journey ahead.

Features

6
4
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchen
3
Reception Rooms
4
Furnished
No
Exterior
Security
No
Parkings
6
Pool
No
Sizes
Floor Size
334m²
Land Size
992m²
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-26.1302783, 28.1912331
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