With multi tenant investing being the best way to generate positive returns on investment from inception, and create a passive income, it is not too often you see these types of opportunities come onto the market.
This fully tenanted property features a 4 bedroom main house with 2 lounges, kitchen and glass patio entertainment area as well as a pool. This ensures ultimate liveability in the investment, or an additional stream of income outside of all of the 7 apartments and cottage that are still on the premises. The astounding thing is that the apartments already generate an income of above R45'000 per month in total, not withstanding the fact that the house can bring additional income north of R13'000 per month.
The apartment block at the entrance of the property hosts 3 2 bedroom units with 1.5 bathrooms in them, and the final unit in the block being a 3 bedroom unit. 2 bachelor cottages are placed behind the house, next to a separate full suite 1/2 bedroom cottage depending on how you set them up. The property has a small house on the back end of the plot which is also tenanted and receiving rental income.
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