3 homes on 1 large stand...bring the entire family or have over 50% of your bond paid by renting out the cottages.
Investors can achieve R27,000 monthly rental.
Situated in the boomed area of Eastleigh Ridge, this 2023sqm stand has lots of accommodation, endless opportunities and a excellent return as an investment property.
The main house offers 4 bedrooms, 2 bathrooms plus a study. Melamine top kitchen, a very large and open plan lounge and dining room fitted with a fireplace and opens out to a sunny patio area and beautiful garden. Double garage and ample open parking space. Can achieve R13,000 rental.
Cottage 1 has a separate entrance and consists of 2 bedrooms, 1.5 bathrooms. Fully fitted open plan kitchen, dining room and lounge. Sunny patio area and also has a double garage. Can achieve R9,000 rental.
Cottage 2 is a large open plan cottage offering 1 bedroom, 1 bathroom, kitchenette and lounge. Plus a double carport. ( can easily be converted into a 2 bedroom cottage) Can achieve R5,000 rental and R7,000 if converted to a 2 bedroom cottage.
This property also offers an entertainment area with a sparkling pool, entertainment room plus a toilet and thatched lapa... an excellent communal area if the homes are rented out separately.
Additional features to the property are an outside laundry and 2 storerooms which would become part of cottage 2 if converted.