Price Reduced to R1 695 000 | Income-Generating Smart Investment with Monthly Rental Potential!

An exceptional investment opportunity has just become even better value! Now reduced to R1,695,000, this versatile property in the heart of Sherwood offers an estimated rental income potential of approximately R23,000 per month, making it an attractive option for investors, extended families, or buyers looking to offset their bond with rental income.

Positioned in one of Sherwood's most convenient locations, the property is situated next door to the well-renowned Madrasah Islahul Muslimeen Junior Primary Boys, making it particularly appealing for families seeking proximity to this respected independent Islamic school. It also enjoys easy access to major transport routes, Westwood Mall, Ahmed Al-Kadi / Shifa Private Hospital, a variety of schools, and places of worship.

Privately positioned down a secure panhandle driveway on 957sqm of land, this 264sqm wheelchair-friendly property offers outstanding flexibility. The two fully self-contained cottages are currently generating approximately R11,000 per month, while the spacious main residence has an estimated rental potential of around R12,000 per month, providing multiple income streams from a single property.

The main home offers generous proportions and endless potential to modernise while adding significant value. A welcoming entrance hall flows into an open-plan lounge with study nook and a wrap-around country-style kitchen. There are two spacious bedrooms with the option to easily reinstate a third bedroom, two bathrooms, a separate guest toilet, and a charming enclosed sun lounge overlooking the sparkling swimming pool.

Outside, you'll find a private entertainment patio, three JoJo water tanks, three gas geysers, a separate storeroom, and secure off-street parking for up to six vehicles behind an automated gate.

The two self-contained cottages provide excellent accommodation for tenants, extended family, or work-from-home opportunities. Cottage One features an open-plan lounge and dining area, fitted kitchen, spacious bedroom, and en-suite bathroom, while Cottage Two offers a private bedroom, en-suite bathroom, and its own secluded patio.

Surrounded by higher-valued homes, this property offers buyers the confidence to renovate and modernise without the concern of overcapitalising. Whether you're looking for a high-yield investment, multi-generational living, or a home that pays for itself through rental income, this is an opportunity that delivers exceptional value at its new reduced price.

Price Reduced! Don't miss this rare opportunity. Contact us today to arrange your exclusive viewing.