Monthly Bond Repayment R41,057.54
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL26898
Investment Opportunity: Income-Generating Property with Multiple Cottages
This property presents an exceptional investment opportunity, featuring income-generating cottages in addition to the main house. The main residence boasts three spacious bedrooms, two bathrooms, and a charming open-plan kitchen with a scullery. The open living with a wood-burning stove and dining areas create a welcoming atmosphere. An outdoor patio with an undercover jacuzzi is ideal for entertaining, overlooking a well-established garden.
Cottage 1: Garden-facing with a serene view Open-plan kitchen and small living room Open-plan bedroom Separate parking
Cottage 2: Located upstairs with abundant natural sunlight Two bedrooms and two bathrooms Balconies on both sides for outdoor relaxation
Cottage 3: Situated behind the main house with its own parking One-bedroom Living room Fully self-contained kitchen and a private garden
Cottage 4: This is a studio cottage with a private entrance. It has a self-contained kitchen and bathroom with shower. It overlooks a gorgeous, well-maintained garden.
All units have their own private entrances and are independant from the main house.
This property currently generates a passive income of R3200 per month, making it a highly attractive investment with a proven track record.