This impressive double-story house is a lucrative investment opportunity, boasting twelve rooms, three cottages outside, and a vast open area perfect for further development. Located in a prime location, this property is a goldmine for investors seeking to generate substantial rental income or build additional houses.
The main house features seven bedrooms and four bathrooms, offering ample space for large families or multiple occupants. The property also includes three outside cottages, each with its own unique charm and potential for rental income. Two of the cottages have two bedrooms each, while the third cottage has four bedrooms, providing a total of eight additional bedrooms that can be rented out to generate a significant monthly income of sixty thousand rand.
The property's pièce de résistance is its vast open area, spanning several acres, which offers endless possibilities for investors to build more houses, apartments, or even a small complex. This presents a tremendous opportunity for developers to create a thriving residential community, capitalizing on the area's growing demand for housing.
The property's exterior is just as impressive, with a large garden that provides a serene oasis, perfect for relaxation or entertainment. The garden features a pool, ideal for hot summer days, and an outside zinc area that offers a shaded space for alfresco dining or social gatherings.
The property's current configuration generates a substantial rental income, but its true potential lies in its development possibilities. Investors can choose to build more houses, apartments, or even a small complex, leveraging the property's prime location and growing demand for housing. With its unique blend of existing rental income and development potential, this property is a rare find for savvy investors seeking to maximize their returns.
The property's standout feature is its potential to generate a significant passive income, making it an attractive opportunity for investors seeking to diversify their portfolio. With its impressive layout, prime location, and endless development possibilities, this double-story house is a lucrative investment opportunity that is sure to yield substantial returns.
This property is situated in a highly sought-after and safe area, offering residents peace of mind and a sense of security. The location is ideal, with several supermarkets conveniently located nearby, making it easy to pop in and grab essentials or do your weekly shopping. Additionally, the area is well-cated for families, with several schools in close proximity, ensuring that your children are never far from home.
The property itself is situated in a secure and neatly maintained area, with well-kept gardens and a clean environment that adds to its charm. The secure area provides an added layer of protection, giving you and your loved ones the freedom to enjoy your home without worrying about safety.
The surrounding area is quiet and peaceful, making it an ideal location for families, professionals, or retirees seeking a comfortable and convenient lifestyle. With its perfect blend of security, convenience, and natural charm, this property is an excellent choice for anyone looking for a place to call home.