Property Details

PRIME INCOME GENERATING HOME ON GOLF COURSE Nestled along an exclusive road, this luxurious residence enjoys a picturesque vista overlooking the lush fairways of Beachwood Golf Course. This prestigious two-story abode presents a unique opportunity, whether as a savvy income-generating investment or an idyllic extended family home. Presently, this property boasts a consistent rental income of R78,000.00 per month, a figure that can be further elevated to R82,000.00 with a simple conversion of the staff quarters. With this income the property readily covers all bond costs, essentially providing you with a property that pays for itself. Upstairs is the main suite comprising of an extra-large en suite bedroom leading onto a covered patio, included in the suite are another 3 bedrooms, shared bathroom, lounge and kitchen - a completely self-contained apartment. Also upstairs are a further 2 separate self-contained apartments. The upper level features the main suite, which includes an exceptionally spacious en-suite bedroom leading onto a covered patio. Complementing the suite, you'll discover an additional 3 bedrooms, a shared bathroom, lounge, and a well-appointed kitchen – creating a fully self-contained apartment. Additionally, on this level, two separate self-contained apartments offer further versatility and potential Downstairs are 5 self-catering rooms (all en-suite) with a communal kitchen, living room patio and a large lounge. There are 2 automated double garages as well as covered and uncovered parking for 8 vehicles. NOTE: This property is sold excluding VAT but can be bought VAT free if bought by a registered entity.