5 Bedroom Freehold For Sale in Mlungisi

R850,000

575 Ntloko Street, Mlungisi, Queenstown

Monthly Bond Repayment R9,064.65
Calculated over 20 years at 11.5% with no deposit.

Web Ref RL956992

Monthly Rates R450

Charming 2-Bedroom Home with Lucrative Rental Opportunity in Khayelitsha

Welcome to this stunning 2-bedroom house, perfectly blending modern comfort and investment potential. Nestled in a prime location, this property boasts:

Main House Features:

- Fully fitted modern kitchen, perfect for culinary delights
- 2 spacious bedrooms, ideal for relaxation
- 1 stylish bathroom with bathtub, sink, and toilet
- Aluminium windows for natural light and energy efficiency
- Tiled floors throughout, ensuring effortless maintenance

Rental Income Opportunity:

- 3 additional back rooms, generating R4800 monthly
- 1 en-suite room for added luxury
- 2 shared bathroom facilities for remaining rooms

Key Benefits:

- Potential rental income to offset bond repayments
- Modern finishes for easy maintenance
- Prime location, close to schools, shopping centers, and public transportation
- Perfect for first-time buyers, families, or savvy investors

Property Details:

- 2 Bedrooms
- 1 Bathroom
- 3 Rental Rooms (1 en-suite, 2 shared bathroom)
- Fully fitted modern kitchen
- Aluminium windows
- Tiled floors
- R4800 monthly rental income

Don't miss this incredible opportunity! Contact us today to schedule a viewing!

Features

Pets Allowed Yes

Interior

Bedrooms 5

Bathrooms 2.5

Kitchen 1

Reception Rooms 2

Furnished No

Exterior

Security No

Parkings 3

Flatlet 3

Pool No

Sizes

Land Size 334m²

Mlungisi, Queenstown

Welcome to Queenstown, a picturesque town in the heart of the Eastern Cape, South Africa. Queenstown offers a perfect blend of small-town charm and modern amenities.Queenstown, officially known as Komani, is strategically situated at the foot of Hangklip Mountain. Its location along the N6 highway offers easy access to major cities like East London and Bloemfontein, making it a convenient base for travel and... More Info