R 4 090 000 | 11 bed property for sale in sandown

Cashflow Positive Investment Opportunity in Sandown, Sandton If you’re seeking a high-performing, cashflow-positive property in the heart of Sandown, Sandton, this is the one for you! This almost half acre property has been expertly converted into 11 individual suites, each featuring a full en-suite bathroom for maximum comfort and privacy. Managed with care, the property boasts long-term tenants and a combined rental income of ±R60,000 per month when fully occupied. Well-maintained and equipped with solar power and a battery backup system, this property ensures energy efficiency and uninterrupted functionality. Rentals are collected by an on-site caretaker/gardener, ensuring smooth day-to-day operations. With its strategic location and high occupancy rates, this investment offers excellent cashflow potential, whether for short-term or long-term leases. Surrounded by prestigious multi-million rand homes, upper-income complexes, and a retirement village, the property is situated in a highly desirable area. If you’re an investor looking for a prime asset with exceptional returns, this property should be your top choice. If you are a Developer, the monthly income can cover all your holding costs until rezoning has been approved. Schedule your private viewing today and unlock the potential of this outstanding investment! If you are buying with finance, a 10% deposit is normally preferred and monthly earnings of at least R130k per month.