Investment property with a 3 bedroom 2 bathroom house plus one 1 bed cottage & 2 bachelor flats
The property comprises a main house, one standalone 1 bedroom garden cottage & two standalone bachelor garden flats.
The main house features 3 generous bedrooms, 2 bathrooms (1 en-suite), fully equipped kitchen with gas stove and ample cupboard space, spacious dining area big enough for an 8-seater dining table, ample lounge area opening onto a cosy patio under a pegola, security gates on exit doors, burglar proofed windows, double carport space, generous pet friendly garden space, perimeter wall with an electric gate.
The 1 bedroom cottage comprises a living room, fitted kitchen, separate bedroom, separate bathroom & an open patio eclosed within garden walls. Each bachelor flat comprises a large open plan living room big enough for a queen bed & large couch, coffee table & tv stand, a fitted kitchen, separate bathroom & a private paved garden. One is double garage sized, with a separate electric gate entrance & currently being rented out as a hair & beauty salon. The cottage & bachelor flats share a large 3 car carport. Each cottage as well as the salon has a prepaid electricity meter & water meter to allow accurate splitting of the total utility bills between the tenants. The gross rental income potential of the cottage & bachelor flats, excluding the main house, is at least R16 000 pm. The main house has a gross rental income potential of at least R10 000 pm. This is a proven investment property, with potential to break even from day one.
Features
Noordwyk, Midrand
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Finance
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