Attention Investors and Future Pension Planners! Price now reduced by 1Mil

Ref # 2267188
R3,295,000
Property Details
16 Beds
9 Baths
2 Garages
12 Open Parkings
2,044m²

Discover an exceptional investment opportunity with this versatile property, perfect for those looking to secure a reliable income stream. The main house offers a comfortable and modern living space, featuring 3 spacious bedrooms, 2 contemporary bathrooms, and a sleek, modern kitchen. The open-plan lounge and dining room create a welcoming atmosphere for both family and guests.

Outdoor enthusiasts will appreciate the expansive undercover entertainment areas at both the front and rear of the house, ideal for hosting gatherings year-round. Dive into relaxation with the sparkling swimming pool, and enjoy the convenience of a double garage and electric gate. The main house is currently undergoing a fresh coat of paint, ensuring it looks as good as new. Market rental for this gem ranges between R12,000 and R15,000 per month.

Additionally, the property includes six 2-bedroom cottages, each boasting an open-plan lounge, kitchen, and bathroom. These cottages are fully tenanted, generating a steady rental income of R6,600 per month per unit, totaling R39,600 per month.

Combined, the total rental income for this property ranges between R51,600 and R54,600 per month, offering a lucrative return on investment. Nestled in a quiet neighborhood and situated in a cul-de-sac, this property ensures peace and privacy for all its residents.

Don't miss out on this fantastic opportunity. Contact me today before it's gone!

Property Features
Property Type
House
Bedrooms
16
Bathrooms
9
Garages
2
Open Parking
12
Land Size
2,044m²
Living Area
7
Costs and Terms
Rates & Taxes
±R1,957.3
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