Residential Investment Property – Multiple Income Streams

Description

The property is situated on a 1,008 sqm erf and is zoned General Residential 1, offering an excellent investment opportunity with strong rental returns. Ideal for company employee accommodation and guesthouse accommodation. The main house consists of 2 bedrooms, lounge, kitchen, bathroom, and double automated garages. The backyard features four bachelor flats, each with its own bathroom, as well as an additional 2-bedroom flat with open-plan kitchen and lounge, bathroom, and private courtyard. Separate 2 rooms, sharing 1 bathroom, which can be converted into a 1 Bedroom Flat. Additional features include an outdoor BBQ area and good security with burglar bars, security doors, high boundary walls, and a security gate. Erf size: 1,008 sqm Zoning: General Residential 1 Current rental income (excluding main house): N$30,000 per month A solid income-generating property with further potential.