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R815,000

R815,000

3 Bedroom Freehold For Sale in Three Rivers
3
Bedrooms
1.5
Bathrooms
1
Garages
No Transfer Duty
Exclusive Mandate
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Exclusive Mandate: Charming Fixer-Upper with Massive Potential For Sale in Three Rivers!

Web Ref. RL969246
Land size 996.00 m²
Floor size 154.00 m²
Monthly Bond Repayment
R8,274.11
Discover an incredible investment opportunity in the heart of Three Rivers, Vereeniging with this quaint freehold freestanding house, exclusively listed with us! Situated on a generous 996 sqm stand with a comfortable 154 sqm under-roof size, this property offers the perfect blend of cozy living and significant upside for the savvy investor. It's a true fixer-upper that needs some love, but with manageable work required, it's poised to become a gem! Here is what the property has to offer:

Classic Charm:
• Durable face-brick exterior with a welcoming little patio near the front door.
• Large windows throughout ensure an abundance of natural light in every room.
• Security is present with burglar bars on all opening windows.
• Spacious garden in good condition, perfect for outdoor activities.

Interior Features:
• Living Room: Features cozy carpet and a decorative fireplace (closed off, non-functional).
• Dining Room: Carpeted and brightened by a large window with ample natural light.
• Functional Kitchen: Equipped with older metal cupboards (in good working order), a basin, and a washing machine connection.

Three Bedrooms:
• Bedroom 1 & 3: Feature beautiful parquet floors and large windows for plenty of sunshine, though they lack built-in wardrobes.
• Bedroom 2: Offers built-in wardrobes and parquet floors, also benefiting from a large window.

Two Bathrooms:
• Main bathroom includes a basin, toilet, bath, and a convenient stand-in shower connection within the bath with a shower curtain. The bathroom, while older, is still in good condition.
• Separate guest toilet.

Investment Potential & Practicalities:
• Significant ROI Potential: Ideal for a property investor looking to renovate and resell for profit, or to refurbish and rent out for an estimated R9,000 per month in additional income.
• Essential Utilities: Water and electricity are both metered, providing transparent usage tracking.
• Parking & Storage: Includes a single garage with a rolling door, and a tandem carport under a trellis (note: metal structure has some rust). An outbuilding with a single storeroom provides extra space.

Important Considerations for the Investor:
• Structural Note: The house's foundation was underpinned several years ago. While this provides historical context, some cracks have reappeared, which are visible in marketing photos. Prospective buyers are highly encouraged to arrange a professional evaluation to assess the current condition and estimated repair costs.
• Minimal Built-in Heating/Cooling: No additional heaters, air conditioners, or fans are built-in.

Prime Three Rivers Location:
• Enjoy strolls or dog walks in several nearby parks.
• Conveniently located not far from The Nederduitse Gereformeerde Kerk and Riverside High School, adding to the area's appeal.

This property offers an exceptional opportunity for a buyer ready to invest some TLC into a home that promises substantial returns. Its solid bones and prime location make it a canvas for your next successful project!

Don't miss out on this exclusive sole mandate! Contact us today to arrange your private viewing and unlock the full potential of this Three Rivers gem.
Monthly Rates R1,229.39

Features

Interior
3 Bedrooms
1.5 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
1 Garage
2 Parkings (Tandem Parking)
Pet Friendly
Sizes
Land Size 996 m²
Floor Size 154 m²
Additional Amenities
Bath, Toilet and Basin
Built in Wardrobes
Burglar Bars
Carpets
Covered Patio
Curtain Rails
Freestanding
Garden
Parquet Floors
Shower
Storeroom
Listing Info
Date Listed 14-07-25
Time Listed 14:18

Three Rivers, Vereeniging

Google map for 3 Bedroom Freehold For Sale in Three Rivers

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.