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Lucrative Investment Opportunity! House with Multiple Units and Stable Rental Income!
R 2,975,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Unlock the potential of this versatile property offering not just a spacious 3-bedroom main house but also two renovated flats, a bachelor's outbuilding, and stable rental income from long-term tenants. Whether you're an investor seeking a lucrative opportunity or a homeowner looking for supplementary income, this property presents a compelling proposition.
Key Features:
Main House:
3 bedrooms with ample space for comfortable living
1 bathroom for convenience
Open-plan living area seamlessly integrates with the kitchen, perfect for entertaining
Separate laundry area for added convenience
Carport provides sheltered parking
Braai patio under roof for outdoor gatherings and relaxation
Flat 1 (Ground Level):
Spacious open-plan living area with kitchen for modern living
2 bedrooms offering privacy and comfort
2 bathrooms, including a master en-suite for added convenience
Private open braai area, ideal for outdoor cooking and entertainment
Flat 2 (1st Floor):
Bright and airy open-plan living area with kitchen, creating a welcoming ambiance
2 bedrooms providing ample accommodation space
1 bathroom for convenience
Open braai area on the patio, perfect for enjoying the outdoors
Bachelor's Outbuilding:
Self-contained unit complete with an outside bathroom, offering privacy
Single carport for the main house and a double carport for the flats, ensuring ample parking space
4 pre-paid meters and 4 gas geysers installed, providing flexibility and efficiency
Borehole and water tanks supply all the toilets, ensuring reliable water access
Electric fencing and total enclosure provide enhanced security and peace of mind
Take advantage of this rare opportunity to own a property with stable rental income and significant potential for growth. Contact us today to learn more about the current rental income and to arrange a viewing.
Don't miss out on this lucrative investment opportunity – seize it now!
Property Reference #: PTR1142
Agent Details:
Ernest Eksteen
PropertyTime
Jeffreys Bay
Key Features:
Main House:
3 bedrooms with ample space for comfortable living
1 bathroom for convenience
Open-plan living area seamlessly integrates with the kitchen, perfect for entertaining
Separate laundry area for added convenience
Carport provides sheltered parking
Braai patio under roof for outdoor gatherings and relaxation
Flat 1 (Ground Level):
Spacious open-plan living area with kitchen for modern living
2 bedrooms offering privacy and comfort
2 bathrooms, including a master en-suite for added convenience
Private open braai area, ideal for outdoor cooking and entertainment
Flat 2 (1st Floor):
Bright and airy open-plan living area with kitchen, creating a welcoming ambiance
2 bedrooms providing ample accommodation space
1 bathroom for convenience
Open braai area on the patio, perfect for enjoying the outdoors
Bachelor's Outbuilding:
Self-contained unit complete with an outside bathroom, offering privacy
Single carport for the main house and a double carport for the flats, ensuring ample parking space
4 pre-paid meters and 4 gas geysers installed, providing flexibility and efficiency
Borehole and water tanks supply all the toilets, ensuring reliable water access
Electric fencing and total enclosure provide enhanced security and peace of mind
Take advantage of this rare opportunity to own a property with stable rental income and significant potential for growth. Contact us today to learn more about the current rental income and to arrange a viewing.
Don't miss out on this lucrative investment opportunity – seize it now!
Property Reference #: PTR1142
Agent Details:
Ernest Eksteen
PropertyTime
Jeffreys Bay
Id Subtitle 1267295101
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Estimated monthly repaymentR 32,241
Total property loan amountR 2,975,000
Total interestR 4,762,669
Total repaymentR 7,737,669
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Selling for 3+ years
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