Peace, Privacy and Investment Potential
Set in a peaceful and serene environment away from the hustle and bustle, this unique opportunity combines comfortable lifestyle living with an established rental income. The property remains conveniently close enough to town for everyday essentials and amenities.
The offering comprises two distinct properties, each with its own title deed, together providing five rental units and a total rental income of R37,500 per month.
Property One features a spacious three-bedroom, three-bathroom main residence designed for relaxed family living. The open-plan kitchen and living area creates an inviting space to relax. A built-in braai, jacuzzi, koi pond, Rhodesian wood patio and boma create an atmosphere that is ideal for entertaining, and enjoying the peaceful surroundings. This outdoor area is where this home truly comes into its own.
Adding further investment value, Property One includes a three-bedroom, two-bathroom rental unit with an open-plan living area and carport.
Property Two has four additional two-bedroom rental units, each offering a bathroom and open-plan kitchen and living area.
With all five rental units contributing to the rental income, the property presents a compelling opportunity for an investor seeking an established income-producing asset. Each of the five units are fitted with prepaid electricity and JoJo tanks for water storage, adding convenience for tenants.
With two title deeds, five rental units, an existing rental income and a tranquil lifestyle setting, this is an opportunity that offers considerably more than just a place to live. It provides the potential to enjoy the peace and space of a private setting while owning an income-producing property - all within convenient reach of town.
Features
Myngenoegen AH, Polokwane
- Street map
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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.
