Welcome to this exceptional income-generating property that offers a lucrative opportunity for investors seeking a steady cash flow. Strategically converted into units with potential for further expansion, this property is a hidden gem in the real estate market. Let’s take a closer look at the wealth of possibilities it presents:

1. Prime Location:
Nestled in a desirable location with high rental demand, this property is perfectly situated to attract reliable tenants. The area’s amenities, schools, and convenient access to transportation hubs make it an attractive prospect for potential renters.

2. Established Income Streams:
The existing units have already been thoughtfully designed to maximize rental income. Currently, there are three units ready to generate an income:

A separate one-bedroom unit, providing privacy and ideal for singles or young professionals.
Two attached units to the main house:
A spacious two-bedroom unit with its own entrance, perfect for small families or young couples.
A generous bachelor flat, offering a cost-effective yet comfortable option for individuals.
3. Potential for Expansion:
The property has ample space to add more units, increasing the potential income further. The storage building, with some creativity and renovation, can be transformed into another rentable unit, providing an opportunity for even more revenue.

Versatile Main House:
The main house itself boasts a versatile layout with three bedrooms, a delightful kitchen, and separate living and dining areas. With a bit of vision, the main house can be adapted to suit different needs, such as incorporating it into the rental units or even transforming it into an additional income stream.

Potential for Short-term Rentals:
Given the property’s attractive location, short-term rentals or vacation rentals could be explored as an option, potentially yielding even higher returns.

Appreciation Potential:
The area’s property market has demonstrated steady appreciation over the years, adding to the property’s long-term investment appeal.

8. Low Maintenance Costs:
The property has been well-maintained, ensuring that maintenance costs remain manageable for the savvy investor.

This income-generating property presents a rare and exciting opportunity for investors seeking a stable and profitable addition to their portfolio. With existing income streams, potential for expansion, and a versatile main house, this property promises excellent returns on investment. Don’t miss out on the chance to capitalize on this gem and secure your financial future. Contact us today to arrange a viewing and seize this golden investment opportunity!

Latest property for sale or rent in Mpumalanga, South Africa – Property24