This exceptional investment property is a lucrative opportunity for savvy investors looking to generate significant income. With 16 spacious bedrooms, this property is perfectly suited for large-scale rentals, student accommodations, or even a guest house. The monthly income of approximately R 90,000 makes it an attractive prospect for those seeking a strong return on investment.
The property features a carport, providing secure parking for residents and their guests. This added amenity enhances the property's appeal. The carport's secure design ensures that vehicles are protected from the elements and potential theft.
One of the standout features of this property is its expansive yard. The big yard provides ample space for building of more units or outdoor activities, recreation, or simply enjoying the fresh air. This outdoor space can be utilized by tenants to enhance their living experience, making the property even more attractive to potential renters.
As an investment property, this asset offers a unique opportunity for significant returns. With its 16 bedrooms and potential for high occupancy rates, the property is well-positioned to generate substantial rental income. The location and amenities of the property ensure that it will remain in high demand, providing a stable source of income for investors.
Overall, this investment property is an exceptional opportunity for those seeking to diversify their portfolio and generate significant rental income. With its 16 bedrooms, carport, and expansive yard, it offers a unique combination of income-generating potential and long-term value appreciation. Whether you're an experienced investor or just starting out, this property is sure to be a valuable addition to your portfolio.
N.B
*the property is currently used as guest house
*it has restaurant certificate
*liquor license
*rezoning certificate