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Web Ref RL955616
R1,800,000
3 Highbridge road, Oatlands North, Grahamstown
Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R886.06
R886.06
Property Above Graeme College with Income Potential
Situated in a serene street above Graeme College, this spacious property offers a perfect blend of comfort and investment opportunity.
Main House Features:
Bedrooms: 4
Bathrooms: 2
Kitchen: Modest and functional
Living Areas: Open-plan lounge and dining area with sliding doors leading to the outdoors
Parking: Generous with a 3-car carport, a double garage, and a single garage that can serve as additional parking, a workspace, or be converted into another rental unit.
Income-Generating Units:
2-Bedroom Flat: This lovely unit has its own kitchen and lounge as well as two bedrooms each with its own en suite bathroom. The flat comes with a private garden. Currently generating a rental income of R6500 per month.
1-Bedroom Bachelor Flat: Ideal for a live-in nanny or as student accommodation, bringing in R3800 per month.
The main house has 4 x 5000L water tanks
1 x 2500L tank is connected to the main house
Additionally there is 3 x 2500L tanks on the property.
This property is a rare find with its ample living space, versatile parking options, and lucrative rental opportunities, offering significant relief from mortgage payments. Don’t miss out on the chance to own your own home with the exceptional rental inome potential.
Main House Features:
Bedrooms: 4
Bathrooms: 2
Kitchen: Modest and functional
Living Areas: Open-plan lounge and dining area with sliding doors leading to the outdoors
Parking: Generous with a 3-car carport, a double garage, and a single garage that can serve as additional parking, a workspace, or be converted into another rental unit.
Income-Generating Units:
2-Bedroom Flat: This lovely unit has its own kitchen and lounge as well as two bedrooms each with its own en suite bathroom. The flat comes with a private garden. Currently generating a rental income of R6500 per month.
1-Bedroom Bachelor Flat: Ideal for a live-in nanny or as student accommodation, bringing in R3800 per month.
The main house has 4 x 5000L water tanks
1 x 2500L tank is connected to the main house
Additionally there is 3 x 2500L tanks on the property.
This property is a rare find with its ample living space, versatile parking options, and lucrative rental opportunities, offering significant relief from mortgage payments. Don’t miss out on the chance to own your own home with the exceptional rental inome potential.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Garages
3
Security
Yes
Parkings
3
Flatlet
2
Domestic Accomm.
1
Pool
Yes
Sizes
Land Size
2,200m²
STREET MAP
STREET VIEW
Oatlands North, Grahamstown
Welcome to Makhanda, a captivating cultural hub. Formerly known as Grahamstown, Makhanda is renowned for its rich history, vibrant arts scene, and scenery.Explore the historic charm of Makhanda's town centre, which features elegant Victorian-era buildings and architecture. From the iconic Cathedral of St Michael and St George to the grandeur of the 1820 Settlers National Monument, the town's landmarks offer a...
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