4 Bedroom House For Sale in Mnandi

R5,800,000

Monthly Bond Repayment R61,852.92
Calculated over 20 years at 11.5% with no deposit.

Web Ref No NVB76587

Large 4 Bed home, with 4 cottages for instant income

This 1.5ha land lays claim to one main 4 bed house, plus 4 cottages, contributing an instant rental income, and has been sub divided, as an alternative for a Developers project or investors purchase.
This property is zoned for residential and is currently home to 4 cottages and one main house, secured with palisade fencing all round and an electric gate, giving access to all homes within the property. All cottages and main house is further enclosed with fencing, giving each home their privacy.
This is a thriving rental opportunity for investors. The main home has 4 beds, 2.5 baths, 2 entertainment areas, loft that can be used as a study or extra room, lovely kitchen and separate pantry. It has a double garage and one carport with plenty of outside parking. In addition to the main house, there is a 3 bed, 1 bath cottage, 2 x 2 bed, 1 bath cottages and a 1 bed, 1.5 bath with single garage and carport cottage.
Feeding this property is a 20 000l water storage system, connected to an irrigation pump, using borehole water and supplies all homes. For extra security a night guard is on duty, neighborhood watch is in place and armed response is an added feature.
This impressive property is situated in Mnandi, the up and coming investment opportunist delight. A 1ha of empty land is zoned directly next door which is available at an additional premium.
Don't miss out on this investment. Call for a private viewing.

Features

Bedrooms 4
Bathrooms 2.5
Recep. Rooms 3
Study 1
Floor Size 1,000m²
Garages 3
Land Size 15,000m²
Carports/Parkings 9

Extras Views: Private
Locality: Close To Schools
Locality: Close To Shops
Locality: Close To Transport
Living Area: Separate Dining
Kitchen: Standard
Kitchen: Pantry
Kitchen: Free Standing Stove
Kitchen: Finish
Kitchen Finish: Other
Main Bedroom: Double
Main Bedroom: Built-in-robe
Ensuite: Bath
Ensuite: Separate Shower
Bedroom 2: Double
Bedroom 2: Built-in / Wardrobe
Bedroom 2: Additional Info
Bedroom 3: Single
Bedroom 3: Built-in / Wardrobe
Bedroom 4: Single
Bedroom 4: Built-in / Wardrobe
Main Bathroom: Bath
Main Bathroom: Separate Shower
Laundry: In Kitchen
Additional Rooms: Family
Additional Rooms: Guest Toilet
Heating / Cooling: Electric
Outdoor Living: Entertainment Area
Outdoor Living Entertainment Area: Partly Covered
Outdoor Living Entertainment Area: Concrete
Outdoor Living: Garden
Garaging / Carparking: Double Lock-up
Garaging / Carparking: Off Street
Land Contour: Flat
Condition: Good
Water Supply: Bore
Sewerage: Mains
House Style: Character