INVESTMENT PROPERTY – EXCELLENT RENTAL INCOME

An exceptional investment opportunity comprising multiple cottages and a two-bedroom house, providing an attractive combined rental income and excellent potential for an investor looking to expand their property portfolio.

All units have prepaid water & prepaid electricity.

COTTAGE A

Rental Income: R3,800 per month

Cottage A (Bachelor unit)offers a comfortable living space, kitchnette and shower and is currently generating a rental income of R3,800 per month.

COTTAGE B

Rental Income: R4,300 per month

Cottage B(1 bedroom)offers 1 bedroom, shower and a kitchen/living area and generates R4,300 per month.

COTTAGE C – GROUND FLOOR

Rental Income: R5,100 per month

Cottage C is a ground-floor unit. This unit offers a decent size open plan kitchen/living area and shower and has a gas stove and generates a rental income of R5,100 per month.

COTTAGE D – UPSTAIRS

Cottage D is a first floor unit which offers a decent sized open plan kitchen/living area  and shower and has a gas stove and generates a rental Income of R5,000 per month.

COTTAGE E (2 bedroom house with a small splash pool)

Rental Income: R9,300 per month

This unit offers 2 bedrooms, a bathroom with a seperate toilet, decent sized lounge & dining room. The kitchen is spacious with ample BIC and has a seperate scullery. There is also a lapa and a small splash pool.

• There are 6 carports
• 1 Garage
• 2nd Garage part of was used to convert Cottage A, so basically can be used for storage.
• There is also and additional storage room next to Cottage D

INVESTMENT POTENTIAL

This property offers an excellent opportunity to acquire a multi-income-generating property with several independent rental units already producing an established monthly income.

CURRENT MONTHLY RENTAL INCOME

• Cottage A – R3,800

• Cottage B – R4,300

• Cottage C – R5,100

• Cottage D – R5,000

• Cottage E – R9,300

• TOTAL RENTAL INCOME: R27,500 PER MONTH

TOTAL ANNUAL RENTAL INCOME: R330,000 PER YEAR

A fantastic opportunity for an investor seeking multiple rental incomes from one property with strong income-producing potential.