R3,000,000

R3,000,000

8 Bedroom House For Sale in Olifantsnek
8
Bedrooms
10
Bathrooms
Jerry Bezuidenhout

8 Bedroom House For Sale in Olifantsnek

Web Ref. RST-RS01210
Land size 1376.00 m²
Monthly Bond Repayment
R31,477.68
This spacious property comprises a main house, multiple flatlets, and a large yard, making it an excellent investment opportunity or a versatile place to call home.

The main house features three bedrooms and three bathrooms, providing ample space for comfortable living. The large lounge and kitchen areas are designed to accommodate gatherings and family activities.

In addition to the main house, there is a large flatlet with one bedroom, a kitchen, a lounge, and a bathroom. There is also a second flatlet with a large bedroom, lounge, bathroom, and kitchen. These flatlets can serve as separate living spaces or be utilized for rental income, providing flexibility and potential returns.

The property further offers four bachelor flatlets with their own bathrooms, as well as a two-room flatlet. These additional units present opportunities for rental income or can be utilized for extended family members or guests.

The large yard is ideal for those with animals, providing ample space for pets or even small-scale farming activities. The property features a fireplace, which can be used for cooking or adding warmth during colder months.

Outdoor relaxation and entertainment can be enjoyed in the presence of a pool. This feature enhances the overall lifestyle experience for residents and adds value to the property.

To address the issue of load shedding, the property is equipped with a 5kva inverter and two 5kva batteries, ensuring an uninterrupted power supply during power outages.

The property has a rental income potential of approximately R32,000.00, making it an attractive investment option. It also has the potential to be converted into a guest lodge, taking advantage of the scenic surroundings and appealing to tourists and visitors.

It's important to note that the property is currently registered as a residential property and has not been rezoned. This allows for flexibility in future development or use.

Don't miss out on this exceptional property at Olifantsnek Dam. Its versatile layout, rental income potential, scenic views, and convenient location make it a highly desirable opportunity for investors or those seeking a serene and comfortable living environment.

Contact me for an exclusive viewing! Viewing by appointment only.
Monthly Rates R500

Features

Interior
8 Bedrooms
10 Bathrooms
8 Kitchens
1 Lounge
1 Dining Room
Exterior
12 Parkings
8 Flatlets
Pet Friendly
Pool
Sizes
Land Size 1,376 m²
Additional Amenities
Backup Water
Built In Braai
Fireplace
Satellite Dish
Family / TV Room
Garden Flat
Guest Toilet
Borehole
Fence
Garden
Paveway
Scenic View
Listing Info
Date Listed 14-07-23
Time Listed 14:13

Olifantsnek, Rustenburg

Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World Cup. History Rustenburg, meaning “place of rest”, this pretty little town’s streets are lined with the ubiquitous jacaranda tree. It started out as a small farming community producing citrus and Virginia tobacco and still manages to retain its small-town atmosphere.  The town has humble beginnings, starting off as little more than a church...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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