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15 Mangaan Street, Louwville, Vredenburg, Western Cape
R 680 000
Charming Investment Opportunity in Louwville, Vredenburg – Cozy 2-Bedroom Home with Income-Generating Granny Flats Welcome to this inviting and versatile property in Louwville, Vredenburg. Perfectly suited for investors or those seeking a comfortable family home with additional income streams, this property offers a unique blend of comfort, functionality, and income potential. With a well-maintained main house, two separate granny flats, a spacious garage, and an existing tenant in place, this property is a rare find in a sought-after location. Main House Features: This cozy 2-bedroom house boasts a warm and welcoming atmosphere, perfect for small families, couples, or as a rental investment. The house has been maintained with love and care, with some TLC needed to bring it to its full potential. The interior layout includes two comfortable bedrooms, each with ample space for storage and personal touches. The full bathroom is functional and clean, providing all essential amenities for comfortable living. The living area is open and inviting, offering a cozy space for relaxing or entertaining guests. The kitchen is practical, with enough room for a dining area, allowing for easy meal preparation and family gatherings. Large windows throughout the house promote natural light, creating a bright and cheerful ambiance. Additional Features: Garage: A spacious garage provides secure parking for one TLC Needed: The house has been maintained but could benefit from some cosmetic updates and TLC to enhance its appeal and value. This presents an excellent opportunity for buyers to personalize and upgrade the property to their taste. Granny Flats – Income Generating Potential: One of the standout features of this property is the presence of two separate granny flats, both with their own entrances, kitchens, and bathrooms. These self-contained units are currently occupied by reliable tenants, providing an immediate rental income stream. Each granny flat is designed to offer privacy and comfort, making them attractive options for tenants or extended family members. Investment Highlights: Existing tenants are in place, providing immediate rental income and reducing the effort required to start generating returns. The property’s configuration offers excellent potential for rental income, making it an attractive investment opportunity in a growing area. The location in Louwville, Vredenburg, is highly desirable, offering easy access to local amenities, schools, shops, and transport links. The presence of two granny flats significantly increases the property's rental yield, appealing to investors looking for sustainable income. Location Benefits: Louwville is a vibrant community within Vredenburg, known for its friendly neighborhood atmosphere and proximity to essential services. Residents enjoy easy access to schools, shopping centers, medical facilities, and recreational parks. The area is also favoured for its affordability and growth potential, making this property an excellent addition to any investment portfolio. Summary: This cozy 2-bedroom house with a garage and two separate, income-generating granny flats presents a rare opportunity in Vredenburg’s competitive real estate market. With existing tenants, a solid structure, and room for improvement, it offers immediate cash flow and long-term growth potential. Whether you’re an investor eager to expand your portfolio or a homeowner looking to generate rental income while enjoying the comfort of a well-located property, this home in Louwville is worth exploring. Don’t miss out on this fantastic opportunity—contact us today to arrange a viewing and see the potential for yourself!
Estimated monthly repayment
R 6 421
on a R 612 000 bond over 20 years at 11.25%
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15 Mangaan Street, Louwville, Vredenburg, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Mpho Govender
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