R6,000,000
Monthly Bond Repayment R61,931.30
Calculated over 20 years at 11.0% with no deposit.
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Exceptional Investment Opportunity – Multi-Unit Property with Established Rental Income: Langebaan
Exceptional Investment Opportunity in Country Club – Prized Location on Mashie Golf Course!
Unlock your potential with this remarkable investment property in a serene cul-de-sac within the sought-after Country Club area. With a steady rental income of R81,487 per month and potential for growth to R91,287, this property presents an impressive opportunity for discerning investors.
Perfectly designed for rental business operations catering specifically to elderly residents, this well-maintained estate features multiple charming units, each providing comfort and privacy for tenants.
Main House Highlights:
4 Generous Bedrooms: Designed with en-suite bathrooms for enhanced privacy.
Spacious Living Area: An expansive open-plan dining and kitchen layout, fully equipped for communal gatherings.
Cozy Ambiance: A welcoming fireplace to enjoy during cooler months.
Relaxation Zones: A dedicated lounge/library area for tenants to unwind.
Versatile Room: An additional room perfect for a study, home office, or extra bedroom.
Charming Cottages:
Cottage 1: Cozy bachelor unit featuring a kitchen, bathroom (with shower), and a private outdoor space.
Cottage 2: Spacious bachelor cottage equipped with a lounge/dining area, kitchen, and bathroom (with shower).
Cottage 3: Unique character with stone finishes, this open-plan unit includes a bedroom, small kitchen, and bathroom (with shower).
Cottage 4: Expansive bachelor unit with a modern kitchen and generous storage, leading to a private, enclosed patio.
Cottage 5: Nestled within a beautiful garden, this open-plan layout offers a bedroom, kitchen, and bathroom, with potential for dual living arrangements.
Additional Features:
Secure carport with gated access.
Fully enclosed property for utmost privacy and security.
Three designated braai areas perfect for outdoor entertaining.
High-speed fibre internet connectivity.
One room still available for rent, creating an opportunity for an extra R9,800/month in rental income.
Investment Viability:
Current monthly rental income: R81,487
Projected monthly income at full capacity: R91,287
Monthly expenses: Approximately R25,000
Whether you continue with current tenants or re-market the units to suit your vision, this property promises robust rental security and exceptional growth potential.
Seize this chance to own a prime income-generating asset in a location that residents love! Act now to capitalize on this extraordinary investment opportunity!
Extras
Accommodation; Built In Bar; Built In Braai; Built in Wardrobes; Fibre; Fireplace; Garden