R5,900,000
R5,900,000
11
Bedrooms
4
Bathrooms
Motlatsi Matsosa
4.28 ha Investment Opportunity in Estoire – Prime Real Estate with Unlimited Potential
This is a once-in-a-lifetime opportunity to secure a prime investment property in the highly sought-after area of Estoire, where significant industrial development is underway. With a land size of 4.28 hectares, this property offers incredible potential for both residential and commercial purposes.
Key Features:
1. Main House
A charming old farmhouse with 3 spacious bedrooms, a large lounge/TV room, kitchen, full bathroom, entrance hall, and a veranda.
75% of the house has been renovated and is currently rented out for R6,500 per month.
Includes covered parking for two cars, pre-paid water and electricity, and a fully fenced yard.
2. Duplex House
Two units:
2-Bedroom Unit: Open-plan kitchen and living room, 2 spacious bedrooms with modern built-in cupboards, and a bathroom with a shower. Features include an alarm system, cameras, and armed response.
3-Bedroom Unit: Larger kitchen with modern amenities, spacious lounge, and 3 bedrooms with built-in cupboards. The bathroom includes a bathtub, shower, basin, and toilet. Outside, enjoy a patio with a built-in braai.
Both units include covered parking, Wi-Fi, and security features.
Rental Income: R7,500 (2-bedroom unit) and R7,800 (3-bedroom unit).
3. Second Farmhouse
Another old farmhouse with 3 bedrooms, 1 bathroom, kitchen, and living room.
Includes an outside flatlet attached to a single garage.
Rental Income: R5,500 per month.
4. Bachelor Unit
A compact living space with a single bedroom, living area, and bathroom.
Rental Income: R3,500 per month.
Investment Potential:
With a total rental income already exceeding R31,000 per month, this property is a lucrative investment. The demand for rental units in the area far outstrips supply, making it a high-yield opportunity.
Whether you’re looking to expand your portfolio, develop further, or secure a property with consistent income, this is the chance to make it happen.
?? Contact us today to arrange a viewing. Don’t miss out on this incredible opportunity!
Key Features:
1. Main House
A charming old farmhouse with 3 spacious bedrooms, a large lounge/TV room, kitchen, full bathroom, entrance hall, and a veranda.
75% of the house has been renovated and is currently rented out for R6,500 per month.
Includes covered parking for two cars, pre-paid water and electricity, and a fully fenced yard.
2. Duplex House
Two units:
2-Bedroom Unit: Open-plan kitchen and living room, 2 spacious bedrooms with modern built-in cupboards, and a bathroom with a shower. Features include an alarm system, cameras, and armed response.
3-Bedroom Unit: Larger kitchen with modern amenities, spacious lounge, and 3 bedrooms with built-in cupboards. The bathroom includes a bathtub, shower, basin, and toilet. Outside, enjoy a patio with a built-in braai.
Both units include covered parking, Wi-Fi, and security features.
Rental Income: R7,500 (2-bedroom unit) and R7,800 (3-bedroom unit).
3. Second Farmhouse
Another old farmhouse with 3 bedrooms, 1 bathroom, kitchen, and living room.
Includes an outside flatlet attached to a single garage.
Rental Income: R5,500 per month.
4. Bachelor Unit
A compact living space with a single bedroom, living area, and bathroom.
Rental Income: R3,500 per month.
Investment Potential:
With a total rental income already exceeding R31,000 per month, this property is a lucrative investment. The demand for rental units in the area far outstrips supply, making it a high-yield opportunity.
Whether you’re looking to expand your portfolio, develop further, or secure a property with consistent income, this is the chance to make it happen.
?? Contact us today to arrange a viewing. Don’t miss out on this incredible opportunity!
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
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Monthly Repayment
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Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 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.
