8 Bedroom House in Southfork

EXCLUSIVE SOLE MANDATE

An exciting opportunity for investors or property buyers looking to maximise rental income and add value through renovation!

Offering three potential rental opportunities on one property, this home presents an excellent prospect for investors seeking to grow their property portfolio or buyers looking for a property with strong income-generating potential.

Main House Flexible Living & Rental Options

The main house features a compact open-plan lounge and kitchen, five bedrooms and two bathrooms. An additional private lounge offers the flexibility to divide the main house into two separate living units, should the new owner wish to explore this option and subject to any necessary approvals.

Separate Three-Bedroom Unit at the Back

At the rear of the property is an additional three-bedroom unit, complete with an open-plan lounge and one bathroom. This separate living space creates further potential for rental income and makes the property particularly appealing to investors.

Potential Monthly Rental Income

Front unit: R8,000 per month

Middle unit: R7,500 per month

Back unit: R7,500 per month

Total potential rental income: R23,000 per month

This translates to a potential gross rental income of R276,000 per year, before expenses, vacancies, maintenance and other ownership costs.

With some renovation and TLC, this property offers buyers the opportunity to improve, add value and unlock its full potential. Whether you''re an experienced investor or looking for a property with multiple rental possibilities, this is an opportunity worth exploring.

See the potential, make the improvements and turn this property into a valuable income-generating investment - Contact Yusri at Theron Property Group Today!!