| A legacy for generations |
This spacious 13-room property presents an excellent opportunity for an investor with a vision for building additional income and creating a lasting legacy for generations to come.
The property consists of 5 bedrooms in the main house and 8 additional outside rooms, making it ideal for student accommodation, young professionals, or individuals looking for affordable rental accommodation.
The main house features a bathroom with a bathtub, basin, and toilet, as well as an additional separate toilet for convenience. The 8 outside rooms provide further rental income potential.
The spacious yard offers ample parking for tenants and can accommodate approximately 8 vehicles. The property is enclosed by a high perimeter fence, providing added privacy, security, and peace of mind for residents.
Potential Rental Income Breakdown:
Main House: 5 rooms × R2,300 = R11,500 per month
Outside Rooms: 8 rooms × R1,300 = R10,400 per month
Total Potential Rental Income: R21,900 per month
Potential Annual Rental Income: R262,800 per year
This is an ideal opportunity for an individual who has an entrepreneurial mindset and an eye for expanding their investment portfolio. With the right management, this property has the potential to provide a valuable additional income stream while building a property asset that can become a lasting legacy for generations to come.
Invest today, generate income tomorrow, and build a legacy for the future.
ERF Size 129 m²
Rates R800 per month
|
|
|
