Spacious 5-Bedroom Property with Multiple Rental Units and Excellent Income Potential
This versatile and spacious property presents an excellent opportunity for both homeowners and property investors. The main house offers 5 bedrooms, with the original structure consisting of 3 bedrooms, while additional rooms have been added to create extra accommodation and income-generating opportunities.
Three of the bedrooms are currently rented out, generating approximately R2,500, R2,000 and R2,000 per month, providing an immediate rental income stream.
The property further features two separate cottages:
A 2-bedroom cottage with a bathroom, currently generating R5,500 per month
A 1-bedroom cottage with a bathroom, generating R3,000 per month
Additionally, there are two shacks on the property, generating a combined rental income of approximately R1,500 per month.
With ample space and multiple accommodation units, this property offers exceptional potential for an investor looking to maximise rental income or a large family seeking additional space while benefiting from supplementary income.
The property currently generates approximately R16,500 per month in rental income, excluding any potential income from the remaining bedrooms.
A fantastic opportunity to own a spacious property with multiple income-generating units and room for further potential.