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R 890 000

3 Bedroom House for Sale in Hornlee

Hornlee, Knysna
  • Bedrooms 3
  • Bathrooms 3
  • Garages 2
  • Erf Size 241 m²
    • m²: 241 m²
    • Hectares: 0.024 ha
    • Acres: 0.06 acres
Investment Opportunity: Multi-Unit Property with Excellent Rental Income

EXCLUSIVELY MARKETED BY RAWSON

This property offers a fantastic investment opportunity for savvy investors or those seeking a reliable stream of additional income.

The property comprises of;

Main House:

A comfortable 3-bedroom, 1-bathroom home with a lounge and kitchen. Currently rented for R6,000 per month.

Spaza Shop: A thriving retail space currently generating R4,400 per month in rental income.

Two 1-Bedroom Flats: Each flat offers a separate entrance and has the potential to generate R1,500 per month in rental income each, totaling R3,000 per month.

Potential Rental Income:

Main House: R6,000

Spaza Shop: R4,400

Two Flats: R3,000

Total Potential Rental Income: R13,400 per month

Key Features:

Strong Rental History: Demonstrated consistent rental income across all units.

High-Demand Location: Situated in Hornlee East] with high demand for rental...

EXCLUSIVELY MARKETED BY RAWSON

This property offers a fantastic investment opportunity for savvy investors or those seeking a reliable stream of additional income.

The property comprises of;

Main House:

A comfortable 3-bedroom, 1-bathroom home with a lounge and kitchen. Currently rented for R6,000 per month.

Spaza Shop: A thriving retail space currently generating R4,400 per month in rental income.

Two 1-Bedroom Flats: Each flat offers a separate entrance and has the potential to generate R1,500 per month in rental income each, totaling R3,000 per month.

Potential Rental Income:

Main House: R6,000

Spaza Shop: R4,400

Two Flats: R3,000

Total Potential Rental Income: R13,400 per month

Key Features:

Strong Rental History: Demonstrated consistent rental income across all units.

High-Demand Location: Situated in Hornlee East] with high demand for rental properties.

Multiple Income Streams: Provides diversified income with the main house, shop, and separate flats.

Investment Potential: Offers significant potential for rental income growth and capital appreciation.

This property presents a unique opportunity to acquire a well-maintained, income-generating asset with excellent potential for long-term returns.

TLC Required - The property needs attention and maintenance but has huge potential.

Don't miss out on this opportunity.

Bedrooms Bedrooms: 3
Bathrooms Bathrooms: 3
Parking Parking: 2
Flatlet Flatlet
Listing number: P24-115425691, Image number: 1
Listing number: P24-115425691, Image number: 2
Listing number: P24-115425691, Image number: 3
Listing number: P24-115425691, Image number: 4
Listing number: P24-115425691, Image number: 5
Listing number: P24-115425691, Image number: 6
Listing number: P24-115425691, Image number: 7
Listing number: P24-115425691, Image number: 8
Listing number: P24-115425691, Image number: 9
Property Overview
Listing Number
115425691
Type of Property
House
Listing Date
15 January 2025
Erf Size
241 m²
Floor Size
200 m²
Rates and Taxes
R 780
Bedrooms
3
Bathrooms
3
Lounge
Lounge 1
Dining Rooms
1
Parking
2
Flatlet
Yes
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