8 Bed House in Macassar

A Home for Joint Ownership or Investment for Sale in Macassar.

Did you know that up to 12 family members can buy one property jointly? Here''s an opportunity for multiple families to live together harmoniously or for investors to generate substantial rental income from one property.

Property Features:

This spacious property boasts at least 3 separate units under one roof, each with family bathrooms and main bedrooms with en-suite facilities.

Unit Configuration:

Unit 1: 3 bedrooms (main en-suite) with built-in cupboards, family bathroom, kitchen with hob, oven & fan.

Unit 2: 3 bedrooms (main en-suite) with built-in cupboards, family bathroom, kitchen with hob, oven & fan.

Unit 3: 2 bedrooms (main en-suite) with built-in cupboards, family bathroom, kitchen with hob, oven & fan.

Additional Property Details:

This majestic face brick double-story house with modern finishes is situated in a quiet area of Macassar.

Each unit has a separate water meter, allowing for individual water usage billing.

Rates & taxes are very low, and each unit has its own prepaid electricity meter.

Joint Income Possibilities:

12 people buying together: R5,500 each

6 people buying together: R10,900 each

2 people buying together: R32,500 each (with potential to rent out the other two units to cover the bond)

Total joint income of R65,000 qualifies you for this magnificent HOME.

Projected Rental Income:

Investors can expect a projected rental income of over R20,500 if all three units are occupied.

Location:

Close to all amenities, making it an attractive choice for families or tenants alike.

Don''t miss out on this exceptional opportunity for joint ownership or investment. Contact us today to arrange a viewing and secure your future investment.