NEW
Web Ref 4099890
R6,750,000
2 Chadwick, Top Town, Queenstown
Monthly Bond Repayment R68,527.95
Calculated over 20 years at 10.75% with no deposit.
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13 Bedroom house for sale in Top Town
Exceptional Investment Opportunity – Main House and Five Income-Generating Apartments
This well-maintained property offers an excellent combination of comfortable family living and rental income, featuring a spacious main house and five fully tenanted apartments. Presented in peak condition, it is an attractive opportunity for investors seeking an established rental property with excellent additional features.
Main House
The main house offers two bedrooms, both fitted with built-in cupboards, and two full bathrooms. A separate study provides flexibility and can also serve as a third bedroom.
The open-plan kitchen, lounge and dining area create a welcoming living space, complemented by wooden Venetian blinds in the study, kitchen and lounge.
A veranda with drop-down awnings provides a pleasant space to relax, while the small private garden features a covered braai area. A double garage adds convenience and secure parking.
Additional features include a gas hob, electric oven, gas and electric geysers, burglar bars, security doors, a separate security system and a 5 kW solar system for backup electricity.
Five Modern, Self-Contained Rental Apartments
The property features five modern two-bedroom apartments, each with contemporary built-in cupboards in both bedrooms, a full bathroom, two carports and a private washing line.
The open-plan kitchen and lounge areas create practical, welcoming living spaces. The kitchens boast modern finishes and are fitted with built-in cupboards, under-counter ovens, gas hobs and extractor fans.
All five apartments are currently tenanted, offering an established rental income stream.
Additional features include burglar bars, security doors and electric geysers. Each apartment is supplied with a 9 kg gas bottle housed in a secure cage for convenient refilling. A gas installation compliance certificate is available.
Three apartments also have their own security systems. Fire safety is catered for with a fire hydrant and fire extinguishers that are regularly checked for regulatory compliance.
Utilities and Additional Features
Each dwelling has its own electricity meter, with an additional meter for the parking area's lights and gate, bringing the total to seven meters.
The property has a single water supply connected to a 5,000-litre holding tank and an automatic pressure pump, helping to maintain a reliable water supply. Water is included in the apartment rentals.
An Excellent Investment Opportunity
With five modern apartments already tenanted, a comfortable main residence, secure parking, solar backup power and a water storage system, this property presents an attractive opportunity for investors seeking an established rental investment with the added benefit of a well-appointed home.
This well-maintained property offers an excellent combination of comfortable family living and rental income, featuring a spacious main house and five fully tenanted apartments. Presented in peak condition, it is an attractive opportunity for investors seeking an established rental property with excellent additional features.
Main House
The main house offers two bedrooms, both fitted with built-in cupboards, and two full bathrooms. A separate study provides flexibility and can also serve as a third bedroom.
The open-plan kitchen, lounge and dining area create a welcoming living space, complemented by wooden Venetian blinds in the study, kitchen and lounge.
A veranda with drop-down awnings provides a pleasant space to relax, while the small private garden features a covered braai area. A double garage adds convenience and secure parking.
Additional features include a gas hob, electric oven, gas and electric geysers, burglar bars, security doors, a separate security system and a 5 kW solar system for backup electricity.
Five Modern, Self-Contained Rental Apartments
The property features five modern two-bedroom apartments, each with contemporary built-in cupboards in both bedrooms, a full bathroom, two carports and a private washing line.
The open-plan kitchen and lounge areas create practical, welcoming living spaces. The kitchens boast modern finishes and are fitted with built-in cupboards, under-counter ovens, gas hobs and extractor fans.
All five apartments are currently tenanted, offering an established rental income stream.
Additional features include burglar bars, security doors and electric geysers. Each apartment is supplied with a 9 kg gas bottle housed in a secure cage for convenient refilling. A gas installation compliance certificate is available.
Three apartments also have their own security systems. Fire safety is catered for with a fire hydrant and fire extinguishers that are regularly checked for regulatory compliance.
Utilities and Additional Features
Each dwelling has its own electricity meter, with an additional meter for the parking area's lights and gate, bringing the total to seven meters.
The property has a single water supply connected to a 5,000-litre holding tank and an automatic pressure pump, helping to maintain a reliable water supply. Water is included in the apartment rentals.
An Excellent Investment Opportunity
With five modern apartments already tenanted, a comfortable main residence, secure parking, solar backup power and a water storage system, this property presents an attractive opportunity for investors seeking an established rental investment with the added benefit of a well-appointed home.
Features
Pets Allowed
No
Interior
Bedrooms
13
Bathrooms
7
Kitchen
6
Reception Rooms
2
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
10
Pool
No
Sizes
Land Size
1,023m²
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