R 1 890 000 | 7.0 bed property for sale in hillary

Investors Ahoy! This spacious, nearly level property is in a quiet, family-friendly neighbourhood with convenient access to local shops, public transport, and schools. It is fully walled, providing ample secure off-road parking for all occupants. The original house has been refurbished (brand new roof & windows) and the newer bachelor units (Units Three and Four) were recently built. The owner occupies Unit Two, while the other four units have tenants. Each unit is equipped with a prepaid electricity meter, and the potential income, if all units are rented out, is R24,000 per month. Property Breakdown: Original House (Divided into Units One and Two) Unit One: Approximately 100 m², featuring two large bedrooms, a family bathroom, an open-plan lounge, and a fitted kitchen. This unit also has Oregon pine floors, aluminium windows, a veranda, and a pool. Unit Two: Approximately 60 m², includes a fitted kitchen, lounge, one bedroom, and a bathroom, along with Oregon pine floors and aluminium windows. New Structure (Units Three and Four) Units Three and Four: Approximately 35m² each are mirror images of each other. Each unit features a veranda, an open-plan lounge, a kitchen, a semi-private bedroom, and a bathroom. Both have tiled floors and aluminium windows. Unit Five: Approximately 45m² is the original flat on the property, it has two co-joined bedrooms, a lounge, a bathroom, and a small kitchen area. A property like this is worth your consideration; your tenants will provide a source of passive income, and the property will appreciate over time. Additionally, the original house (Units One and Two) can easily be converted back into a three-bedroom house by removing the separating walls. Contact me for an appointment to view this property today!