- 6
- 2.5
- 3
- 4 047 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1475.52
Property description
Investment Opportunity: Spacious Double-Storey Home with Endless Potential
Discover this versatile double-storey property, an ideal investment opportunity with multiple income streams and future development prospects.
This beautifully maintained home features a main residence, three charming cottages, four garages, and an inviting entertainment area — perfect for investors seeking strong rental returns and expansion possibilities.
**Main House Highlights:**
Ground Floor: Large kitchen with built-in cupboards, spacious dining area, lounge (currently converted to a bedroom), one bedroom, and a separate toilet.
First Floor: Three bedrooms and two bathrooms.
**Cottages:**
Cottage 1 & 2: Each with 1 bedroom, living area, and separate toilet.
Cottage 3: 2 bedrooms, a small kitchen, separate toilet, and bathroom.
Additional Features:
- Municipal approval to subdivide the stand into two separate plots for further development.
- Motorized gate in excellent working condition.
- Current monthly income of R28,050, offering a solid 9.75% ROI — and if VAT-registered, ROI can reach an impressive 11.22%.
This property presents a fantastic opportunity for rental income, development, or both. Don't miss out — contact me today to arrange a viewing!
Property Details
- 6 Bedrooms
- 2.5 Bathrooms
- 3 Garages
- 1 Ensuite
Property Features
- Patio
- Pool
- Storage
- Kitchen
- Paving
- Garden
| Bedrooms | 6 |
| Bathrooms | 2.5 |
| Garages | 3 |
| Erf Size | 4 047 m2 |
