Property description

Property Description

Prime Investment & Family Home – Mandalay (Old Section) 

Situated in the sought-after Old Section of Mandalay, this
well-developed 515 sqm  

Property offers a versatile opportunity for both homeowners
and investors. With multiple dwellings and strong income-generating potential,
the property is ideally suited for extended family living or as a high-yield
rental asset. 

Main House 

The main dwelling comprises three well-sized bedrooms, all
with tiled flooring. The home includes a main bathroom and an en-suite,
offering practical family living. A fully fitted kitchen complements the
layout, while the interiors are neat and functional throughout. 

The Outdoor Entertainment Area 

Features a gated splash pool set within a slate-style paved
enclosure, ensuring privacy and security. A built-in braai area with an
undercover laundry section enhances the property's usability for entertaining
and day-to-day convenience. Two courtyards (approximately 8m x 5m and an
additional rear courtyard) provide ample outdoor space. 

Parking & Access 

The property benefits from two separate entrances, allowing
for ease of access and tenant privacy. Covered garage parking accommodates up
to three vehicles (potentially four), with additional off-street parking for
three vehicles. The garage area is fitted with polycarbonate sheeting and IBR
roofing. 

Separate Entrance 1 

This modern unit offers: 

Two bedrooms with built-in cupboards 

Open-plan lounge and fully fitted kitchen 

Tiled floors and PVC ceilings 

 Contemporary bathroom with corner bath and shower 

Separate Entrance 2 

This unit includes: 

Two bedrooms 

Open-plan lounge and fitted kitchen 

Family bathroom with overhead shower 

 Additional Features 

 Estimated rental income: ± R28,000 per month 

 Two geysers servicing the property 

 Automated garage access 

Recently repainted exterior 

  Main house tiled roof; outbuildings with IBR flat roofing 

  Secure and well-maintained throughout 

This property is fully developed and presents excellent
potential as a dual-living residence or a strong income-generating investment. 

Asking Price: R1,950,000 (Costs Exclusive) 

Reasonable offers will be considered. 

Viewing & Enquiries 

Strictly by appointment. No unsolicited
marketing or intermediaries. 

Contact: 078 356 1332

Devon Theron 

RE/MAX PropT