6 Bedroom Freestanding For Sale in Bardene

Description

URGENT SALE: INVESTMENT PROPERTY WITH EXCELLENT RENTAL INCOME. An exceptional investment opportunity comprising multiple cottages and a two-bedroom house, providing an attractive combined rental income and excellent potential for an investor looking to expand their property portfolio. All units have prepaid water & prepaid electricity. COTTAGE A --------- **Rental Income: R3,800 per month** Cottage A (Bachelor unit)offers a comfortable living space, kitchnette and shower and is currently generating a rental income of R3,800 per month. COTTAGE B --------- **Rental Income: R4,300 per month** Cottage B(1 bedroom)offers 1 bedroom, shower and a kitchen/living area and generates R4,300 per month. COTTAGE C – GROUND FLOOR ------------------------ **Rental Income: R5,100 per month** Cottage C is a ground-floor unit. This unit offers a decent size open plan kitchen/living area and shower and has a gas stove and generates a rental income of R5,100 per month. COTTAGE D – UPSTAIRS -------------------- Cottage D is a first floor unit which offers a decent sized open plan kitchen/living area and shower and has a gas stove and generates a rental Income of R5,000 per month. COTTAGE E (2 bedroom house with a small splash pool) ---------------------------------------------------- **Rental Income: R9,300 per month** This unit offers 2 bedrooms, a bathroom with a seperate toilet, decent sized lounge & dining room. The kitchen is spacious with ample BIC and has a seperate scullery. There is also a lapa and a small splash pool. * There are 6 carports * 1 Garage * 2nd Garage part of was used to convert Cottage A, so basically can be used for storage. * There is also and additional storage room next to Cottage D INVESTMENT POTENTIAL -------------------- This property offers an excellent opportunity to acquire a multi-income-generating property with several independent rental units already producing an established monthly income. ### CURRENT MONTHLY RENTAL INCOME * Cottage A – R3,800 * Cottage B – R4,300 * Cottage C – R5,100 * Cottage D – R5,000 * Cottage E – R9,300 * **TOTAL RENTAL INCOME: R27,500 PER MONTH** **TOTAL ANNUAL RENTAL INCOME: R330,000 PER YEAR** A fantastic opportunity for an investor seeking **multiple rental incomes from one property** with strong income-producing potential.

Features

Tiled Floors

Yes