House for sale
Enjoy lakeside living at Olifantsnek Dam with room for guests and renters; expansive yard for animals, a pool, multiple flatlets and backup power for load-shedding.
This spacious property comprises a main house, multiple flatlets, and a large yard, making it an excellent investment opportunity or a versatile place to call home.
The main house features three bedrooms and three bathrooms, providing ample space for comfortable living. The large lounge and kitchen areas are designed to accommodate gatherings and family activities.
In addition to the main house, there is a large flatlet with one bedroom, a kitchen, a lounge, and a bathroom. There is also a second flatlet with a large bedroom, lounge, bathroom, and kitchen. These flatlets can serve as separate living spaces or be utilized for rental income, providing flexibility and potential returns.
The property further offers four bachelor flatlets with their own bathrooms, as well as a two-room flatlet. These additional units present opportunities for rental income or can be utilized for extended family members or guests.
The large yard is ideal for those with animals, providing ample space for pets or even small-scale farming activities. The property features a fireplace, which can be used for cooking or adding warmth during colder months.
Outdoor relaxation and entertainment can be enjoyed in the presence of a pool. This feature enhances the overall lifestyle experience for residents and adds value to the property.
To address the issue of load shedding, the property is equipped with a 5kva inverter and two 5kva batteries, ensuring an uninterrupted power supply during power outages.
The property has a rental income potential of approximately R32,000.00, making it an attractive investment option. It also has the potential to be converted into a guest lodge, taking advantage of the scenic surroundings and appealing to tourists and visitors.
It's important to note that the property is currently registered as a residential property and has not been rezoned. This allows for flexibility in future development or use.
Don't miss out on this exceptional property at Olifantsnek Dam. Its versatile layout, rental income potential, scenic views, and convenient location make it a highly desirable opportunity for investors or those seeking a serene and comfortable living environment.
Contact me for an exclusive viewing! Viewing by appointment only.
Listed for sale at R2,800,000
Price increased by 6.4% to R2,980,000
How does this home’s price compare with similar properties?
Insight
Priced 23% below the local median - but still inside the typical range across Rustenburg.
Compared with 32 5+ bed homes (36 listings) across Rustenburg.
Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Olifantsnek is a tranquil, scenic residential area located near the Olifantsnek Dam, offering a peaceful lifestyle surrounded by nature while remaining within convenient reach of Rustenburg's urban amenities.
