This remarkable small holding presents an attractive investment opportunity with a stable, combined rental income of R44,000 per month. Featuring a mix of accommodation options to appeal to a diverse tenant base, the property includes eight flatlets: four 2-bedroom flats, two 1-bedroom flats, a 3-bedroom house, and a 4-bedroom house with a double garage. Each unit is individually metered with its own pre-paid electricity meter, offering tenants direct control over their energy usage and simplifying management. To enhance tenant appeal, water and Wi-Fi are conveniently included in the rental, providing added value to each living space.
Every flatlet comes with its own carport, ensuring ample parking for residents and a sense of privacy. All flats are pet-friendly, and the property has stable tenants with valid contracts, ensuring consistent occupancy. Additionally,...
This remarkable small holding presents an attractive investment opportunity with a stable, combined rental income of R44,000 per month. Featuring a mix of accommodation options to appeal to a diverse tenant base, the property includes eight flatlets: four 2-bedroom flats, two 1-bedroom flats, a 3-bedroom house, and a 4-bedroom house with a double garage. Each unit is individually metered with its own pre-paid electricity meter, offering tenants direct control over their energy usage and simplifying management. To enhance tenant appeal, water and Wi-Fi are conveniently included in the rental, providing added value to each living space.
Every flatlet comes with its own carport, ensuring ample parking for residents and a sense of privacy. All flats are pet-friendly, and the property has stable tenants with valid contracts, ensuring consistent occupancy. Additionally, every house is equipped with a panic button and alarm system.
The layout of the units across the property allows for a balanced mix of personal space and community living, appealing to families and individuals alike. The variety in unit sizes—ranging from compact 1-bedroom flats to spacious 4-bedroom houses—caters to diverse rental needs, maximizing occupancy potential and income stability.
Water supply is secured through five boreholes, boasting an impressive yield capacity of approximately 46,000 liters per hour (currently unequipped), with a river flowing through the property, adding a picturesque natural feature. The property also includes a swimming pool, enhancing tenant satisfaction and lifestyle appeal.
Electricity needs are met with a reliable 3-phase electricity system, ensuring efficient power distribution across all units. Furthermore, the property includes a dam that, while currently not functional, could be revitalized for future use, adding to its versatility.
This small holding offers a unique blend of rental income, safety features, and development potential, making it an ideal option for investors looking to expand their portfolio with a high-yield asset. Whether you’re interested in maintaining the property as a rental investment or exploring options for further improvements, this property provides a solid foundation for long-term financial growth and development.
Don’t miss out on this exceptional opportunity to invest in a well-positioned small holding with both immediate returns and future potential.