R 3 295 000
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16 Bed House in Sarnia

16 9 14 2 044 m²

Discover an exceptional investment opportunity with this versatile property, perfect for those looking to secure a reliable income stream. The main house offers a comfortable and modern living space, featuring 3 spacious bedrooms, 2 contemporary bathrooms, and a sleek, modern kitchen. The open-plan lounge and dining room create a welcoming atmosphere for both family and guests.

Outdoor enthusiasts will appreciate the expansive undercover entertainment areas at both the front and rear of the house, ideal for hosting gatherings year-round. Dive into relaxation with the sparkling swimming pool, and enjoy the convenience of a double garage and electric gate. The main house is currently undergoing a fresh coat of paint, ensuring it looks as good as new. Market rental for this gem ranges between R12,000 and R15,000 per month.

Additionally, the property includes six 2-bedroom cottages, each boasting an open-plan lounge, kitchen, and bathroom. These cottages are fully tenanted, generating a steady rental income of R6,600 per month per unit, totaling R39,600 per month.

Combined, the total rental income for this property ranges between R51,600 and R54,600 per month, offering a lucrative return on investment. Nestled in a quiet neighborhood and situated in a cul-de-sac, this property ensures peace and privacy for all its residents.

Don''t miss out on this fantastic opportunity. Contact me today before it''s gone!

Property details

  • Listing number T4720949
  • Property type House
  • Listing date 23 Jul 2024
  • Land size 2 044 m²
  • Rates and taxes R 1 957

Property features

  • Bedrooms 16
  • Bathrooms 9
  • Lounges 7
  • Garage parking 2
  • Open parking 12
  • Flatlets
  • Pet friendly
  • Pool
  • Garden
  • Family TV room

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