Investment Residential Property :Spacious 4 Bedroom with 3 Income Generating Cottages
Investment Residential Property : Spacious 4 Bedroom with 3 Income Generating Cottages
This solid well built property offers an excellent investment opportunity with main house and three rental cottages.
This property is ideak for generating consisting income or extended family living.
Min House Features
-4 Bedrooms
- 4 Bathrooms
- Fully Functional Kitchen with Gas Oven
- Open airy living spaces with potential for modernization
- Structurally sound building -solid foundation and framework
Cottage Units
- 3 Separate Cottages each currently rented out for steady income
- One of the Cottages is converted double garage
- Each unit is fitted Gas Geyser supplying hot water for the showers
Additional Details
- The property offers the classic charm with solid construction
- Excellent investment opportunity- Live in the main house and earn an income of +- R12000 pm from the cottages
or rent the main out R9500 plus as its currently or modernize it and earn +- R13000 plus pm.
Investment Highlights
- Multiple rental units already Tenanted
- Potentential to enhance value with light renovations
- Perfect for Investors or Large Families seeking an extra income
NB
The property is situated next to open ERF that belongs to Council and currently used for Gardening and Parking at no cost to the current Owner.
This solid well built property offers an excellent investment opportunity with main house and three rental cottages.
This property is ideak for generating consisting income or extended family living.
Min House Features
-4 Bedrooms
- 4 Bathrooms
- Fully Functional Kitchen with Gas Oven
- Open airy living spaces with potential for modernization
- Structurally sound building -solid foundation and framework
Cottage Units
- 3 Separate Cottages each currently rented out for steady income
- One of the Cottages is converted double garage
- Each unit is fitted Gas Geyser supplying hot water for the showers
Additional Details
- The property offers the classic charm with solid construction
- Excellent investment opportunity- Live in the main house and earn an income of +- R12000 pm from the cottages
or rent the main out R9500 plus as its currently or modernize it and earn +- R13000 plus pm.
Investment Highlights
- Multiple rental units already Tenanted
- Potentential to enhance value with light renovations
- Perfect for Investors or Large Families seeking an extra income
NB
The property is situated next to open ERF that belongs to Council and currently used for Gardening and Parking at no cost to the current Owner.
Monthly Rates
R2,300
Features
Interior
Exterior
Sizes
Listing Info
Print
Moenief Schroeder
Candidate Property Practitioner
Montgomery Park, 11
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
