INVESTOR’S DREAM – 3.2 HECTARE INCOME-GENERATING PROPERTY WITH 11 FLATS
3.2 Hectare Income-Generating Agricultural Holding – Elandsvlei, Randfontein
3.2 Hectare Income-Generating Agricultural Holding – Elandsvlei, Randfontein
An exceptional investment opportunity offering a 3-bedroom main house plus 11 income-generating flats, currently producing approximately R60,000 rental income per month, excluding the main house.
The 11 units consist of:
8 × Two-bedroom flats
1 × One-bedroom flat
2 × Three-bedroom flats
The units feature open-plan living areas, gas geysers and gas stoves, with individual carports and a separate entrance from the main residence.
The spacious main house offers 3 bedrooms with en-suite bathrooms, an open-plan lounge and dining area, large kitchen, double garage and double carport. An additional unfinished area above the kitchen offers further accommodation or income potential.
Additional features include a swimming pool, lapa, borehole, prepaid electricity, storeroom, electric fencing, security beams, alarm system and cameras.
With established rental income and excellent potential for a guesthouse, self-catering accommodation, employee housing or further development, this property is ideal for the serious investor.
Contact Desiree today for viewing
Features
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Amenities
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FamilyTVRoom
DiningRoom
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Garage
Pool
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.