Generating Rental Return on Investment
Available for sale is a 2.2-hectare estate in Van Der Merwes Kroon, Vereeniging, featuring high-end facilities.
The property comprises eight fully occupied flatlets that together currently generate a rental income of R41,260.00 per month. The estate includes a main residence designed with four bedrooms, two full bathrooms, two guest toilets, four lounges, a billiard/entertainment room, a semi-open plan kitchen and dining area, a glass-enclosed sun patio, a pool deck, and a Lapa equipped with a bar and cooking counter, able to accommodate up to at least 50 people.
Additional land offers the potential to develop more flats.
The main house can be converted into a guesthouse or additional rental facility, offering the possibility of increased rental returns.
Located in a quiet area, the property provides space for leisure, entertainment, business use and the option for livestock or crop farming.
The master bedroom features an ensuite bathroom with two showers, a bathtub, double basins, a private lounge with kitchenette and a separate toilet.
There are three other sunny and spacious family bedrooms with built-in closets.
A guest bathroom includes a bathtub, shower, double basins, and toilet.
A small pyjama lounge is located near the family bedrooms, along with a guest toilet.
A study with a built-in desk and shelving connects to a bar area, three adjacent lounges, and a sun patio with views of the garden and pool deck.
An entertainment room with built-in seating provides additional social space.
The kitchen includes a kitchen island, glass hob, rinse basin, walk-in pantry, serving hatch to the dining room and a separate scullery and laundry.
Outdoor spaces include gardens, a Lapa with seating for at least up to 50 people, a fire pit, a bathroom facility for Lapa guests, a pool deck and a glass enclosed sun patio.
The eight separate flatlets, accessed independently from the main residence, vary from one to three bedrooms and collectively bring in an additional monthly rental income of R42,000.00.
Additional features:
Separate staff quarters
Borehole with water supply
Existing rental income
Security systems including Trellidoor, alarm system, and perimeter beams
Additional land suitable for expanding rental units or agricultural activities
This property includes a variety of amenities and may be suitable for investment or as a primary residence for those seeking space and various facilities.
For further information or to arrange a viewing, please make contact.
The property comprises eight fully occupied flatlets that together currently generate a rental income of R41,260.00 per month. The estate includes a main residence designed with four bedrooms, two full bathrooms, two guest toilets, four lounges, a billiard/entertainment room, a semi-open plan kitchen and dining area, a glass-enclosed sun patio, a pool deck, and a Lapa equipped with a bar and cooking counter, able to accommodate up to at least 50 people.
Additional land offers the potential to develop more flats.
The main house can be converted into a guesthouse or additional rental facility, offering the possibility of increased rental returns.
Located in a quiet area, the property provides space for leisure, entertainment, business use and the option for livestock or crop farming.
The master bedroom features an ensuite bathroom with two showers, a bathtub, double basins, a private lounge with kitchenette and a separate toilet.
There are three other sunny and spacious family bedrooms with built-in closets.
A guest bathroom includes a bathtub, shower, double basins, and toilet.
A small pyjama lounge is located near the family bedrooms, along with a guest toilet.
A study with a built-in desk and shelving connects to a bar area, three adjacent lounges, and a sun patio with views of the garden and pool deck.
An entertainment room with built-in seating provides additional social space.
The kitchen includes a kitchen island, glass hob, rinse basin, walk-in pantry, serving hatch to the dining room and a separate scullery and laundry.
Outdoor spaces include gardens, a Lapa with seating for at least up to 50 people, a fire pit, a bathroom facility for Lapa guests, a pool deck and a glass enclosed sun patio.
The eight separate flatlets, accessed independently from the main residence, vary from one to three bedrooms and collectively bring in an additional monthly rental income of R42,000.00.
Additional features:
Separate staff quarters
Borehole with water supply
Existing rental income
Security systems including Trellidoor, alarm system, and perimeter beams
Additional land suitable for expanding rental units or agricultural activities
This property includes a variety of amenities and may be suitable for investment or as a primary residence for those seeking space and various facilities.
For further information or to arrange a viewing, please make contact.
Monthly Rates
R1,600
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Volschenk & Heyns website is accurate and up to date, Volschenk & Heyns makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
