WORK, LIVE, or EARN - The Rare Multipurpose Property You've Been Waiting For!
Why settle for a single property when you can own an income-generating powerhouse? Located in the heart of sought-after Windermere, this unique dual-dwelling property offers a rare blend of historic Victorian charm and immediate, reliable cash flow.
Currently generating a total monthly income of R27,000, this is a turnkey investment opportunity for the savvy buyer.
Prime Location: Situated in a high-demand pocket of Windermere, ensuring long-term tenant stability and capital appreciation.
Property Features
Both homes boast the timeless elegance of high Victorian-style ceilings, providing a spacious and airy atmosphere that is highly desirable in this area.
House 1 (Crèche):
- 3 Spacious bedrooms (ideal for classroom/office use).
- Dedicated dining area & functional kitchen.
- 1 Bathroom
- Exterior: Secure outdoor play area featuring AstroTurf.
- 2 Dedicated parking bays.
House 2 (Residential):
- 2 Well-proportioned bedrooms.
- Inviting dining room & separate lounge area.
- Fully equipped kitchen.
- 1 Bathroom
- Extensive parking: Tandem parking for 5 vehicles.
Why Invest Here?
This property is more than just a home; it is a business asset. Whether you are looking to continue the current lucrative rental model or repurpose the space, the infrastructure is already in place to provide immediate returns. Properties with this level of established commercial and residential income are incredibly rare in the Windermere market.
The Investment Breakdown Current Monthly Income: R27,000
Property Composition:
* House 1: Operated by a well-established crèche (long-term potential).
*Outbuildings: Two additional rental units currently occupied.
* House 2: Current owner occupancy
Features
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Acutts Real Estate website is accurate and up to date, Acutts Real Estate 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.
