11 Bed House in Sandown
PRIME LOCATION & EXCEPTIONAL RETURNS IN THIS WELL RUN 11 BEDROOM CONVERTED HOME WITH SOLAR BACKUP POWER IN SANDOWN, SANDTON
Cashflow Positive Investment Opportunity in Sandown, Sandton
If youre seeking a high-performing, cashflow-positive property in the heart of Sandown, Sandton, this is the one for you!
This almost half acre property has been expertly converted into 11 individual suites, each featuring a full en-suite bathroom for maximum comfort and privacy. Managed with care, the property boasts long-term tenants and a combined rental income exceeding R60,000 per month when fully occupied.
Well-maintained and equipped with solar power and a battery backup system, this property ensures energy efficiency and uninterrupted functionality. Rentals are collected by an on-site caretaker/gardener, ensuring smooth day-to-day operations.
With its strategic location and high occupancy rates, this investment offers excellent cashflow potential, whether for short-term or long-term leases. Surrounded by prestigious multi-million rand homes, upper-income complexes, and a retirement village, the property is situated in a highly desirable area.
If youre an investor looking for a prime asset with exceptional returns, this property should be your top choice. If you are a Developer, the monthly income can cover all your holding costs until rezoning has been approved.
Schedule your private viewing today and unlock the potential of this outstanding investment! If you are buying with finance, a 10% deposit is normally preferred and monthly earnings of at least R130k+ per month.
Lounge
Main Ensuite
Property details
- Listing number T4903748
- Property type House
- Listing date 18 Dec 2024
- Land size 1 866 m²
- Floor size 500 m²
- Rates and taxes R 3 427
Property features
- Bedrooms 11
- Bathrooms 10
- Dining areas 1
- Open parking 10
- Pet friendly
- Access gate
- Fenced
- Laundry
- Security post
- Entrance hall
- Kitchen
- Garden
- Garden cottage
- Family TV room
- Guest toilet