3 Bedroom House for sale in Thornton

Description

Asking Price: R4 200 000 Positioned in one of Thornton’s most sought-after pockets, this corner property offers an exceptional income-generating opportunity with immediate returns and substantial upside potential. The property currently offers two separate dwellings, creating an immediate dual-income opportunity and strong cash flow from day one. The main home is a beautifully renovated three-bedroom residence featuring a modern open-plan kitchen with quality finishes, a spacious lounge, wooden flooring, new built-in cupboards, and a neat centrally located bathroom. Aluminium windows, a tiled roof, secure parking, and an electric perimeter fence add low-maintenance appeal and enhanced tenant security, while the recent renovations reduce upfront capital expenditure for investors. Set on a large erf, approximately half of the land remains vacant, presenting... Asking Price: R4 200 000 Positioned in one of Thornton’s most sought-after pockets, this corner property offers an exceptional income-generating opportunity with immediate returns and substantial upside potential. The property currently offers two separate dwellings, creating an immediate dual-income opportunity and strong cash flow from day one. The main home is a beautifully renovated three-bedroom residence featuring a modern open-plan kitchen with quality finishes, a spacious lounge, wooden flooring, new built-in cupboards, and a neat centrally located bathroom. Aluminium windows, a tiled roof, secure parking, and an electric perimeter fence add low-maintenance appeal and enhanced tenant security, while the recent renovations reduce upfront capital expenditure for investors. Set on a large erf, approximately half of the land remains vacant, presenting a prime value-add opportunity. With municipal approval, two additional rental units could be developed on the second portion of the plot, significantly increasing gross monthly income, strengthening overall rental yield relative to the purchase price, and enhancing long-term capital growth and cash-on-cash returns. Situated on a corner plot with potential for subdivision or sectional title conversion (subject to approval), the property is positioned in a well-established, high-demand rental area. The combination of existing income, reduced maintenance risk, strong tenant appeal, and secured expansion potential makes this a financially sound and scalable investment opportunity. This configuration positions the property as a multi-unit investment asset rather than a single residential home, significantly improving its attractiveness to serious investors.With Thornton’s consistent rental demand and its proximity to schools, shopping centres, and major transport routes, this property is strategically positioned for both steady rental income and scalable growth. This is not just a home — it’s a scalable income-producing asset with the framework already in place. We also assist with pre-assessments and bond application support to streamline your acquisition process. Asking Price: R4 200 000 Erf size: 684 SQM Rates and Taxes: TBD Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-661357247","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Other

Laundry Room: Built-in Cupboards

Garage

2

Lounge

Open Plan, Wooden Floors, Aluminium, Fireplace

Kitchen

Breakfast Nook, Granite Tops, Open Plan, Tiled Floors, Aluminium, Built-in Cupboards, Zinc

Parking

7

Bedrooms

3

Erf Size

684 m²

Garage 1

Electric Garage, Tandem

Garage 2

Roll up, Tandem

Security

24 Hour Access, Alarm System, Electric fencing, Electric Gate

Bathrooms

1.5

Bedroom 1

Wooden Floors, Aluminium, Built-in Cupboards, Double Bedroom

Bedroom 2

Wooden Floors, Aluminium, Built-in Cupboards, King Bedroom

Bedroom 3

Wooden Floors, Aluminium, Built-in Cupboards, Single Bedroom

Parking 1

Secure Parking

Parking 2

Secure Parking

Parking 3

Secure Parking

Parking 4

Secure Parking

Parking 5

Secure Parking

Parking 6

Secure Parking

Parking 7

Secure Parking

Bathroom 1

Tiled Floors, Aluminium, Full, Basin, Shower, Toilet

Bathroom 2

Tiled Floors, Aluminium, Half, Basin, Guest Toilet, Toilet

Description

Single Storey

Listing Date

24 February 2026

Listing Number

116962744

Number of floors

1

Type of Property

House