Property is Sold
Beautiful historic home with good rental income
This home, built in the 1850's has been refurbished and converted into a main house with 4 units in addition that are rented out for a good return. If the main house were to be rented as well, a very good rental will be attained making a good return on investment. The main house consists of a ground floor with 2 bedrooms and 1 bathroom, 2 living areas kitchen, pantry and scullery. All the rooms have wooden floors, ceilings and internal shutters. Certain section of the ceilings have insulated ceilings over the wooden ceilings. A wooden staircase leads up to the top floor offering a main bedroom with bathroom, a second bedroom with bathroom en-suite and a large living area that leads out to a balcony offering beautiful views over the Langeberg mountains. There is a separate 2 bedroom, 1 bathroom cottage to the rear of the property with a private garden. This cottage also has wooden floors and ceilings. The bathroom consists of a shower , toilet and basin. A living area and kitchen leads out of the back door to the private garden. 3 other units rented out are as follows: 2 one bedroom units (bedroom, bathroom, small living area and kitchenette)and 1 two bedroom unit (2 bedrooms, bathroom, living area and kitchen. Each have their own entrance off the street. If you are looking for a good investment with an eight to ten percent growth per annum, then this is it.
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