8 Bedroom House in Southfork

Contact agent for street address

8 5 5 395 m²

Multi-Unit Income Property with Strong Potential!

SOLE AND EXCLUSIVE MANDATE

Heres your opportunity to secure a solid, income-generating property with immediate cash flow and excellent long-term upside. This multi-unit property offers an incredible opportunity to add a solid income-producing asset to your portfolio. Each unit is currently tenant-occupied, providing immediate cash flow from day one. While the property could benefit from some cosmetic updates, the potential for increased returns through improvements or rent adjustments is significant. Situated close to shops, schools, beaches, and public transport, this property enjoys year-round rental demand.

The Main House:

The main house has four bedrooms with a spacious living room that flows into the kitchen area. At the back of the main house, you will find a braai area, perfect for gatherings.

The Back Double Storey: Four Units

At the back, you will find 4 units. Each unit has a shower and a toilet, and an open plan room. Upstairs units feature a balcony with stunning views of the Hottentots Holland Mountains and an additional braai area

The current rental prices are: Main house: R8700 and Back Units: R2300 R3000 R3500 and R3000.

The property has parking space for 5 cars and a garage that is currently used as a storage space.

Dont miss this chance to secure a high-yield investment property at a great price point. With steady tenants and potential for increased returns, this is the perfect property to grow your real estate portfolio!