This exceptional investment opportunity features multiple cottages alongside a spacious two-bedroom house, offering a combined attractive rental income and excellent potential for investors aiming to expand their property portfolio. Each unit is equipped with prepaid water and electricity, ensuring efficient utility management.
**Cottage A**
A bachelor unit comprising a comfortable living space, kitchenette, and shower. This unit currently generates a rental income of R3,800 per month.
**Cottage B**
A one-bedroom cottage featuring a bedroom, shower, and combined kitchen/living area. It commands a monthly rental income of R4,300.
**Cottage C – Ground Floor**
This ground-floor unit offers a generously sized open-plan kitchen and living area with a shower. It includes a gas stove and produces a rental income of R5,100 per month.
**Cottage D – Upstairs**
Located on the first floor, this unit boasts a spacious open-plan kitchen and living area with a shower and gas stove, generating R5,000 in monthly rental income.
**Cottage E – Two-Bedroom House with Splash Pool**
This larger unit comprises two bedrooms, a bathroom with a separate toilet, and a sizable lounge and dining room. The kitchen is spacious with ample built-in cupboards and a separate scullery. Additionally, there is a lapa and a small splash pool, making it highly appealing to tenants. Rental income is R9,300 per month.
Additional features include six carports, one garage, and a second garage partially converted into Cottage A, which can alternatively be used for storage. There is also an additional storage room adjacent to Cottage D.
**Investment Potential**
This property presents an excellent opportunity to acquire multiple income-generating units with an established monthly rental income stream. The total current monthly rental income from all units is R27,500, amounting to an impressive R330,000 annually.
This is a fantastic prospect for investors seeking diversified rental income from a single property with strong, consistent returns.