Nestled in the tranquil area of Andeon, this expansive property offers a unique blend of comfortable living and exceptional investment potential. With a main house, six flats, extensive storage facilities, and a lush garden, this property is perfect for families, investors, or those seeking a multi-functional estate. Generating a rental income of R30,000 per month (excluding one unfinished unit), this property is an incredible opportunity for anyone looking to combine lifestyle and business.
Main House: A Family Retreat
The main house is designed for both relaxation and entertainment:
- Bedrooms: 2 spacious bedrooms for restful living.
- Bathrooms: 2 full bathrooms, a guest toilet for convenience.
- Living Areas: A cozy TV room and an indoor entertainment area with a built-in bar,
perfect for hosting gatherings.
- Kitchen: A practical kitchen with a dining table setup, ideal for family meals.
- Additional Features: A walk-in fridge (currently non-functional) with a working area.
- Outdoor Spaces: A Lapa with three enclosed sides and a laundry room nearby. The beautifully landscaped garden includes a gazebo and bird cage, creating a serene outdoor retreat.
- Garage: Secure garage that locks for peace of mind.
Flats: Income-Generating Units
This property boasts six flats, each offering unique layouts to cater to tenants' needs:
1. Flat 1:
- 2 bedrooms, 1 bathroom, kitchen, TV room, and a locking garage.
2. Flat 2:
- 1 bedroom, 1 bathroom, kitchen, TV room, and a locking garage.
3. Flat 3:
- 1 bedroom, 1 bathroom, open-plan kitchen and TV room, and a locking garage.
4. Flat 4:
- 1 bedroom, 1 bathroom, open-plan kitchen and TV room.
5. Flat 5:
- 2 bedrooms, 1 bathroom, open-plan kitchen and TV room, and a locking garage.
6. Flat 6 (Unfinished):
- A newly built structure requiring interior completion. Features include 2 bedrooms, 1 bathroom, open-plan kitchen and TV room, plus an outdoor yard with a Lapa.
Additional Features: Practicality Meets Potential
- Storage: One large store and five smaller storerooms provide ample space for storage or business use.
- Utilities: The property includes a borehole with water tanks for reliable water supply.
- Accessibility: A tarred road leads to the electric motor entrance gate.
- Fencing: The plot is mostly fenced off; only three quarters require completion.
Investment Opportunity
This property is not only a home but also an income-generating asset. With its current rental income of R30,000 per month (excluding the unfinished flat), it offers significant financial returns. While the plot requires some TLC to reach its full potential, its solid foundation makes it an exceptional investment.
Don't miss out on this rare opportunity in Andeon—whether you're looking for a family home with added income or a high-yield investment property!
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