Investment Property.
URGENT SALE: INVESTMENT PROPERTY WITH 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
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**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
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**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
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**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
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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)
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**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
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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.
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
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**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
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**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
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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)
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**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.
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
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Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty 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.
