Income-Generating Property – 16 One-Bedroom Cottages
This well-positioned investment property comprises 16 self-contained one-bedroom cottages, each offering an open-plan lounge and kitchen layout designed for comfortable living.
Each unit generates a rental of R6,500 per month, producing a total monthly income of R84,000 when fully let. The property offers parking for tenants and includes a swimming pool (currently not operational).
Additional value-added features include:
·Borehole installed (not yet activated)
·300L solar-powered geyser, contributing to reduced utility costs
·Financial statements, lease agreements, and building plans available for due diligence
This property presents a solid buy-to-let opportunity with consistent rental income and future potential for further enhancement.
📞 Contact us for more information or to arrange a viewing.