Are you looking for an investment opportunity with excellent income-generating potential? This versatile property offers an exciting opportunity for investors seeking rental income, additional accommodation and future expansion possibilities.
Currently generating R18,000 in monthly rental income, the property offers a solid starting point for growing your investment portfolio. With approved building plans available, the existing double garage and storeroom present an opportunity for conversion into an additional flat, subject to the necessary approvals.
The main house offers 5 bedrooms, 4 bathrooms, a communal kitchen and communal living area, making it suitable for multi-tenant accommodation. Additional features include an outside toilet, borehole, double garage, storeroom and fibre connectivity.
Approved plans for the existing building and future extensions are included, offering further development potential. Consent for multi-tenant use is still in the process of being obtained and should be confirmed before proceeding with any intended use.
This property combines existing rental income with exciting possibilities to increase its earning potential.
FINANCING ASSISTANCE: Pre-approvals can be arranged, with results potentially available within 30 minutes.
Property and stand sizes are obtained from third-party sources and may be estimates. Exact measurements can be obtained on request.
Phone or WhatsApp our property specialist today to discuss this exclusive investment opportunity!
Arrange your private viewing today and discover a home that truly offers it all.
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