
































π¨ FIXER-UPPER WITH MASSIVE PAYOUT: 4-Bed House + 3 Income Flatlets in Norkem Park! π οΈπ°
Description
Massive Income Potential & Investorβs Dream in Norkem Park! Price: R 1,600,000 Location: Norkem Park, Kempton Park The Opportunity: Buy, Fix Up & Reap the Rewards! Calling all savvy investors, flippers, and large families with a vision! This expansive property is priced to sell and offers a fantastic "buy and fix up" opportunity. With a little cosmetic love and TLC, you can instantly unlock massive equity and transform this diamond in the rough into a high-yielding rental machine or your dream forever home. The Main House The main residence features a spacious, versatile layout waiting for your personal touch: 4 Well-Sized Bedrooms with excellent natural light. 2 Neat, Shared Bathrooms ready for a modern upgrade. Spacious living and dining areas perfect for family gatherings. The Income-Generating Structure Built for maximum versatility, the layout of this property goes far beyond a standard family home: 3 Separate Flatlets (Attached to the Main House): Perfect for extended family or generating substantial monthly rental income to completely cover your bond! Staff Quarters / Maidβs Quarters: An additional helper's room for added convenience. Garages & Parking: 2 lock-up garages plus ample secure parking space to comfortably accommodate vehicles for both owners and tenants. β‘ A Rare Value-Add Proposition! Properties with this level of footprint, structure, and income potential at this price point are rare in Norkem Park. Bring your paintbrushes, bring your vision, and secure a high-yield asset today. Contact me now to arrange your private viewing and submit your offer!
Features
- Built in Wardrobes
- Yes
- Bath, Toilet and Basin
- Yes
- Granny Flat
- Yes
- Staff Quarters Domestic Rooms
- Yes
- Investment potential
- Yes
- Flatlet
- Yes
- Lapa
- Yes
- Driveway
- Yes
- Near School
- Yes
- Near Shopping Centre
- Yes