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Malvern, Malvern, Johannesburg, Gauteng
R 1 199 000
Set on an expansive 990sqm double stand in Malvern, this versatile property offers the perfect blend of comfortable family living and excellent income-generating potential. The main home features three generously sized bedrooms and 2.5 bathrooms. The master bedroom includes a private en-suite fitted with a shower, toilet, and basin, while the common bathroom offers a bathtub, toilet, and basin. A convenient guest toilet (half bath) adds extra practicality. Designed for both relaxation and entertaining, the home boasts a spacious lounge area complete with a fireplace and bar setup-ideal for cozy evenings or hosting family and friends. The kitchen is well-sized with ample built-in cupboards, complemented by a separate scullery and an adjacent office/study space, perfect for working from home. Step outside and discover even more value with a bachelor flatlet featuring its own shower, toilet, and basin, offering potential rental income of up to R2,500 per month. There is also a second standalone flatlet on the additional erf, complete with a kitchen, lounge, bedroom, bathroom, and washroom, with potential rental income of up to R5,000 per month. The property further includes a storage facility for added convenience, a double garage, and ample parking space for up to eight additional vehicles. The property is designed with efficiency in mind, with the main house fitted with a gas geyser and prepaid electricity, while the second flatlet is equipped with an electric geyser. Three water storage tanks are connected to the gutter system, making them ideal for garden use and general maintenance. Whether you're a growing family looking for space or an investor seeking strong rental returns, this property ticks all the boxes. Conveniently located close to major freeways, shopping centres, and schools, it offers both accessibility and lifestyle. A rare find with endless potential - don't miss out! DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 11 323
on a R 1 079 100 bond over 20 years at 11.25%
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Malvern, Malvern, Johannesburg, Gauteng
Fair-value check
Good valuePriced 20% below comparable 3-bed houses for sale in Malvern
Based on 71 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tebogo Shabalala
Unclaimed listing — claim it to verify
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