UNDER OFFER
SOLE MANDATEACCEPTING OFFERS
Web Ref RL27360
R1,200,000
1 Montague Street, Sunnyside, Grahamstown
Monthly Bond Repayment R11,980.55
Calculated over 20 years at 10.5% with no deposit.
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Exceptional Restored Settler Cottage with Built-In Income in Central Makhanda 🌟
Exceptional Restored Settler Cottage with Built-In Income in Central Makhanda 🌟
Nestled on a quiet, leafy street right in the heart of Makhanda, only a short stroll from prime shopping centres and transport hubs, this carefully restored historic settler cottage offers the perfect blend of timeless character and excellent income potential.
This three-bedroom home is warm and inviting, with natural light flooding the generous lounge. The refreshed kitchen is ideal for everyday living, and the bathroom features a clean, modern finish. Every room showcases the unique charm and character that only a well-loved older settler home can offer.
At the rear of the property are two fully separate, self-contained flats, both ready to generate rental income from day one. This smart layout allows you to live in the main cottage while the flats help pay the bills — a fantastic setup for reducing living costs or building strong long-term returns.
You’ll also enjoy plenty of secure off-street parking on a solid concrete slab. The layout provides excellent scope to configure the entire property as three independent units if desired, with plans already drawn up and approved for this option.
In today’s Makhanda property market, a restored central settler cottage that combines genuine historic beauty, immediate rental income from two flats, generous parking, and the flexibility for further income growth is genuinely hard to find. It appeals to families seeking a home full of soul, investors looking for solid cash flow, or anyone who recognises outstanding value.
If you’re ready to view this special property, get in touch with Mike today to arrange a private showing.
Mike
Nestled on a quiet, leafy street right in the heart of Makhanda, only a short stroll from prime shopping centres and transport hubs, this carefully restored historic settler cottage offers the perfect blend of timeless character and excellent income potential.
This three-bedroom home is warm and inviting, with natural light flooding the generous lounge. The refreshed kitchen is ideal for everyday living, and the bathroom features a clean, modern finish. Every room showcases the unique charm and character that only a well-loved older settler home can offer.
At the rear of the property are two fully separate, self-contained flats, both ready to generate rental income from day one. This smart layout allows you to live in the main cottage while the flats help pay the bills — a fantastic setup for reducing living costs or building strong long-term returns.
You’ll also enjoy plenty of secure off-street parking on a solid concrete slab. The layout provides excellent scope to configure the entire property as three independent units if desired, with plans already drawn up and approved for this option.
In today’s Makhanda property market, a restored central settler cottage that combines genuine historic beauty, immediate rental income from two flats, generous parking, and the flexibility for further income growth is genuinely hard to find. It appeals to families seeking a home full of soul, investors looking for solid cash flow, or anyone who recognises outstanding value.
If you’re ready to view this special property, get in touch with Mike today to arrange a private showing.
Mike
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1.5
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
2
Flatlet
2
Pool
No
Sizes
Floor Size
563m²
Land Size
565m²
STREET MAP
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