Exceptional Income-Generating Property with Multiple Residences and Luxurious Features!
This property is a unique blend of convenience, functionality, and incredible earning potential. With a minimum monthly rental income of R45,000, it’s a true income-generating powerhouse!
The main house boasts 4 spacious bedrooms upstairs, with 3 bathrooms- main ensuite. A massive, modern kitchen with ample cupboard space, a gas hob stove, and an open living area that flows out to your massive garden, pool and entertainment area.
Five additional cottages provide a fantastic source of income. Each cottage features two bedrooms, a full bathroom, and a beautifully tiled kitchen. All cottages have their own private entrances and carports, ensuring privacy and peace of mind for both residents and guests.
A separate, large office with a built-in kitchen and a gorgeous, fully tiled bathroom presents a versatile opportunity. It can easily be converted into a one-bedroom house or utilized as an additional BnB unit.
Key Features:
Sustainable Living: 18 solar panels, three inverters, three batteries, and 15kw solar power ensure energy efficiency. Water Security: A reliable borehole provides a constant water supply. Leisure & Relaxation: Enjoy a solar-heated swimming pool, a tranquil fish pond, and a cozy fireplace. Enhanced Security: Electric main gate, electric fencing throughout, surveillance cameras, and beams provide peace of mind. Bonus: A storage room or space for a working workshop.
Financial Potential:
With a conservative rental income of R7,000 per unit, this property currently generates approximately R45,000 per month. The potential for increased income is substantial through Airbnb, BnB opportunities, and the conversion of the office space.
Located a few kilometers away from Boulders Mall and Mall of Africa and other places of interest in Midrand.
This is more than just a home; it's a smart investment offering luxury living, exceptional security, and a substantial income stream!
Don’t miss out on this incredible offer and call me to view today!
Investment in property in Midrand is a safe bet as Midrand one of South Africa's most rapidly developing cities as well as being one of Africa's fastest developing investment centres.
From its humble beginning as a halfway point between Gauteng's two major cities (Johannesburg and Pretoria), it’s now the dynamic centre of a major metro stretch with Centurion set to the North, Sandton down to the...
More Info
Sign-up and receive Property Email Alerts of Houses for sale in President Park, Midrand.
Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.