R 1 999 000
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7 Bed House in Noordwyk

7 5 1 021 m²

Investment Property Opportunity in Noordwyk 1020sqm Property with 5 Cottages. We are thrilled to present an exceptional investment opportunity in the heart of Noordwyk. This 1020sqm property is a perfect addition to any investment portfolio, offering great potential for continued rental income and long-term growth.

Key Features:

Size: 1020sqm property, providing ample space for expansion or development.

Current Setup: The property is home to 5 fully functional cottages, consisting of:

2 x 2-bedroom cottages

3 x 1-bedroom cottages

Rental Income: The cottages are currently generating a consistent monthly rental income of R 30,000, making this an attractive option for investors seeking reliable cash flow.

Potential for Growth:

The propertys generous size and layout offer immense development potential. Whether youre looking to add more cottages, explore alternative accommodation types, or simply improve the existing structures, the possibilities are endless.

Location:

Situated on a quiet street in Noordwyk, the property offers a peaceful and safe environment while still being close to key amenities such as shopping centers, schools, and transport routes. The demand for rental properties in this area is high, ensuring a steady stream of tenants.

This is an ideal opportunity for those looking to capitalize on a well-established rental income, with the added benefit of future development potential. Dont miss out on this fantastic investment opportunity contact us today to learn more!

Property details

  • Listing number T4895134
  • Property type House
  • Listing date 7 Dec 2024
  • Land size 1 021 m²
  • Rates and taxes R 1 300

Property features

  • Bedrooms 7
  • Bathrooms 5
  • Lounges 5

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