8 Bedroom House in Nahoon

Fresh Lifestyle Properties presents an exceptional investment opportunity in the established and highly sought-after suburb of Woodleigh, East London. Offering an impressive combination of substantial residential accommodation, multiple income-producing units and scope for further development, this property is ideally suited to the astute investor seeking diversified rental income and future growth potential from a single well-positioned asset.

A Property Designed Around Income and Flexibility - The main residence offers generous accommodation with three downstairs bedrooms, each enjoying its own en suite bathroom, together with a comfortable lounge and an open plan kitchen and dining area. Upstairs, a versatile additional room can be utilised as a fourth bedroom, managers accommodation, private office or additional living space, depending on the owners requirements. A further bedroom with its own private external entrance provides another valuable accommodation option and could comfortably function as independent rental accommodation. Adding considerably to the propertys investment appeal are the existing additional units, creating multiple opportunities to generate income from different sections of the property. There is also potential to reconfigure one of the existing one-bedroom units into a two-bedroom granny flat, subject to the necessary municipal approvals and building requirements.

Established Income with Further Upside - The property is already generating rental income, providing an investor with an established income stream from day one. Once fully occupied, the existing accommodation has the potential to generate approximately R30,000.00 per month, equating to around R360,000.00 per annum before expenses. Importantly, the propertys potential extends beyond its current income. With the completion of the additional semi-finished flat, further accommodation opportunities and possible reconfiguration, the gross rental potential could potentially move beyond R40,000.00 per month, subject to the necessary approvals, demand and final configuration. The double garage also presents an exciting opportunity for conversion into an additional flat, subject to the required approvals and building regulations.

Private Outdoor Living - Beyond its investment credentials, the property offers an appealing residential environment. A sparkling swimming pool and covered braai and entertainment area create a private outdoor setting for residents and guests, while extensive paving provides easy access and additional parking. The property is fully enclosed and secure, with a remote-controlled entrance gate, generous off-street parking and a double garage.

Location - Woodleigh remains a popular residential area, offering convenient access to some of East Londons established schools, retail facilities and coastal lifestyle attractions. The property is ideally positioned within easy reach of Stirling Primary School, Stirling High School, Nahoon Superspar and the renowned Nahoon Beach, making it attractive not only to tenants but also to families seeking convenient access to everyday amenities.

The Investment Proposition - What sets this property apart is the combination of scale, income diversity and future potential. Rather than relying on a single rental income, the property provides multiple accommodation options under one roof, with established tenants, additional units that can be completed or reconfigured, and further scope to unlock additional rental income. It also offers flexibility for a variety of accommodation models, including long-term rental accommodation and, where legally permitted and appropriately approved, short-term accommodation. For an investor looking for an established property with multiple income streams, substantial accommodation and genuine potential to increase the monthly return, this Woodleigh offering deserves serious consideration.