Available for sale is a 2.2-hectare estate in Van Der Merwes Kroon, Vereeniging, featuring high-end facilities.
The property comprises eight fully occupied flatlets that together currently generate a rental income of R41,260.00 per month. The estate includes a main residence designed with four bedrooms, two full bathrooms, two guest toilets, four lounges, a billiard/entertainment room, a semi-open plan kitchen and dining area, a glass-enclosed sun patio, a pool deck, and a Lapa equipped with a bar and cooking counter, able to accommodate up to at least 50 people.
Additional land offers the potential to develop more flats.
The main house can be converted into a guesthouse or additional rental facility, offering the possibility of increased rental returns.
Located in a quiet area, the
property provides space for leisure, entertainment, business use and the option for livestock or crop farming.
The master bedroom features an ensuite bathroom with two showers, a bathtub, double basins, a private lounge with kitchenette and a separate toilet.
There are three other sunny and spacious family bedrooms with built-in closets.
A guest bathroom includes a bathtub, shower, double basins, and toilet.
A small pyjama lounge is located near the family bedrooms, along with a guest toilet.
A study with a built-in desk and shelving connects to a bar area, three adjacent lounges, and a sun patio with views of the garden and pool deck.
An entertainment room with built-in seating provides additional social space.
The kitchen includes a kitchen island, glass hob, rinse basin, walk-in pantry, serving hatch to the dining room and a separate scullery and laundry.
Outdoor spaces include gardens, a Lapa with seating for at least up to 50 people, a fire pit, a bathroom facility for Lapa guests, a pool deck and a glass enclosed sun patio.
The eight separate flatlets, accessed independently from the main residence, vary from one to three bedrooms and collectively bring in an additional monthly rental income of R42,000.00.
Additional features:
Separate staff quarters
Borehole with water supply
Existing rental income
Security systems including Trellidoor, alarm system, and perimeter beams
Additional land suitable for expanding rental units or agricultural activities
This property includes a variety of amenities and may be suitable for investment or as a primary residence for those seeking space and various facilities.
For further information or to arrange a viewing, please make contact.
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