Ample possibilities, such as a Guest house like air B&B units, sectional title units, offices, subdivide and sell off the units.
This property can virtually pay for itself whilst constantly appreciating in value.
The property consists of 6 individual housing units, ranging from a 1-bedroom flatlet to a 3-bedroom house with a pool, each within its own enclosed stand, almost fully tenanted
Current rental income is R52 000 pm with annual increases.
This property would also be ideal for a large family who wants to house up to 6 individual family groups on one property.
.Brief description of the facilities as built:
All of the units have thatch roofs, most of the units have ceilings, wooden window and door frames, House 1 has ceramic floor ties and the rest has cement screed floors, gas geysers, and 4- to 5-burner gas stoves with gas ovens (except for house 2 that...
Ample possibilities, such as a Guest house like air B&B units, sectional title units, offices, subdivide and sell off the units.
This property can virtually pay for itself whilst constantly appreciating in value.
The property consists of 6 individual housing units, ranging from a 1-bedroom flatlet to a 3-bedroom house with a pool, each within its own enclosed stand, almost fully tenanted
Current rental income is R52 000 pm with annual increases.
This property would also be ideal for a large family who wants to house up to 6 individual family groups on one property.
.Brief description of the facilities as built:
All of the units have thatch roofs, most of the units have ceilings, wooden window and door frames, House 1 has ceramic floor ties and the rest has cement screed floors, gas geysers, and 4- to 5-burner gas stoves with gas ovens (except for house 2 that has an electric geyser). Shared Solar installation and a borehole. Electric fencing on the outer boundary wall.
All units are on prepaid electricity, have full gas stoves, and have gas geysers.
The property is on municipal sewage with solar power as backup during outages and borehole
The solar system which cost R300k was installed 1 year ago and is still under warranty
The borehole was done less than a year ago and cost R100k, it supplies all the units.
Solar: x15 500w solar panels, x1 16kvh inverter, x2 8kva lithium batteries.
House 1:
(Approximately 222m²)
Open plan Lounge with separate dining room and spacious kitchen.
3 Bedrooms:
- 2 on the ground floor with a shared bathroom
- One bedroom in a spacious loft with an en-suite bathroom.
Domestic room outside
* Triple carport, pool, lapa, braai area, rainwater tank.
Large stand
* Separate automated street entrance gate, Boundary walls, solar installation, gas stove, borehole
House 2:
(Approximately 83 m²)
Open plan lounge, dining room, and kitchen.
2 bedrooms, 1 bathroom.
Large stand.
2 X-Large "Wendy" houses, one wooden and one steel.
House 3:
(Approximately 90 m²)
Open plan lounge, dining room, and kitchen.
2 bedrooms, 1 bathroom with a shower.
Thatch Lapa with a built-in braai, and electric geyser.
Large stand with a large Boma / Braai in front.
House 4:
(Approximately 176 m²)
3 bedrooms, 1 and a half bathrooms
* Office space, lapa, solar, gas stove
* Open double garage
House 5:
(House 5 & 6 together Approximately 211m2)
* 2 bedrooms, 2 en-suite bathrooms
* Solar, gas stove, gas geyser
* Open Garage
House 6:
Kitchen
1 bedroom
1 bathroom
Undercover parking
* Solar, gas stove, gas geyser
Don't miss out on this rare find!
Call your agent for a private viewing.