This property indeed sounds like an excellent investment opportunity, offering multiple avenues for rental income and special events. Here’s a detailed breakdown of the potential income.
3 Bedrooms, 2 Bathrooms: Suitable for a family or professionals seeking a long-term rental.
Lounge, Dining Room & Kitchen common areas add value and comfort with granite tops and scullery.
4 Units can be rented to individuals or couples, providing a steady monthly income. Given the increasing demand for affordable housing, bachelor flats are often in high demand.
The pool can be marketed for leisure and events.
Lapa with Aircon This can be an attractive feature for gatherings and events, enhancing the property's appeal for tenants and event planners.
Cold Room for Storage This benefits tenants needing extra storage, particularly those involved in catering or food...
This property indeed sounds like an excellent investment opportunity, offering multiple avenues for rental income and special events. Here’s a detailed breakdown of the potential income.
3 Bedrooms, 2 Bathrooms: Suitable for a family or professionals seeking a long-term rental.
Lounge, Dining Room & Kitchen common areas add value and comfort with granite tops and scullery.
4 Units can be rented to individuals or couples, providing a steady monthly income. Given the increasing demand for affordable housing, bachelor flats are often in high demand.
The pool can be marketed for leisure and events.
Lapa with Aircon This can be an attractive feature for gatherings and events, enhancing the property's appeal for tenants and event planners.
Cold Room for Storage This benefits tenants needing extra storage, particularly those involved in catering or food services.
25kw Generator: Ensures power backup, a critical feature in areas with unreliable electricity supply, thus increasing the property's desirability.
Borehole: Provides a reliable water supply, reducing utility costs and adding value during water shortages.
Ample Parking: Essential for both long-term tenants and guests attending events.
The combination of residential rental units, event hosting capabilities, and unique features like a swimming pool and dam for weddings provides diverse revenue streams. With proper management and marketing, this property can generate substantial and consistent income