Absolute Winner in terms of investment!!
This property already hosts 3 fully separated homes offering a unique investment opportunity.
On the erf you'll find
2 bedroom flatlet with 2 bedrooms, 3 bathrooms, Scullery, Open plan kitchen and a lounge. The rooms are spacious and a covered parking for two vehicles outside seals the deal. Unit currently has a tenant and brings in R10,000 per month
3 Bedroom duplex with 2 bathrooms, Large open plan kitchen and living area with space for a dining table and lounge suite. Covered parking for 4 vehicles. Unit currently has a tenant and brings in R8000 per month but could easily rent for R11,000.00
3 Main house offers 4 Bedrooms, 3 bathrooms 2 living areas , dining area, scullery , Servants quarters outside, covered entertainment area , patio , tandem covered parking and sizable garden with a pool
With the rental income you can literally live on the property in the 4 bedroom home separate from the other two dwellings and still cover half your bond with the rental income. Alternatively rent everything out and cover your entire bond with change.