4 DWELLINGS ON A SMALL-HOLDING ON THE EDGE OF TOWN FOR SALE

EXCLUSIVE MANDATE!
HUGE PASSIVE INCOME GENERATING OPTION OF ABOUT R23 200 plus per month.
CURRENT TENANTS IN THE DWELLINGS: (Good tenants that wish to stay on)
* Dwelling 1 : R10 000/ month
* Dwelling 2: R5 500/ month
* Dwelling 4 (old house) R7 700/ month
TOTAL RENTAL INCOME: R23 200/ month

EXCELLENT SECURITY: the owner's spend money to secure the land & properties:
* Electric fencing & automated gate at the ENTRANCE
* Dwelling 1 & Dwelling 2 each with their OWN electric fencing & automated gates. Private gardens for the domestic pets.

Dating back to 1938 the land was part of a plantation and the zoning is 'RURAL'
This is the ideal opportunity to OWN MORE THAN ONE DWELLING in Joostenbergvlakte in rural Kraaifontein, but to still be close to all amenities and access routes.
The small holding has MULTIPLE BUILDINGS spread throughout as well as large open areas of land. Your ideal opportunity to go back to 'old times' for those that wish to keep horses or farm animals.

Situated on a generous plot, this small holding provides an escape from the hustle and bustle. Imagine waking up to birdsong and sipping coffee surrounded by nature.

Topographical photos of the houses & land over the years, copied from the Cape Town City Maps website indicate that Joostenberg Vlakte was not part of the Cape Town city and suburbs originally.
All the buildings, including the pool, were built between 1968 and 1980, aside from the barn which was added between 1988 and 1996. Before this, the land was once part of a plantation, dating back to at least 1938.

MAIN HOUSE: (Canadian lockwood)
I believe the main house (currently divided into house 1+2) is made from Canadian lockwood, making the building quite rare, as only a handful of Canadian Lockwood houses were ever built in South Africa.

The main house is a large timber structure which has been divided into two households: house 1 & 2 by a divider panel which can easily be taken down to become a single household again.

DWELLING 1: Offers an entrance lobby, large open plan lounge, dining and kitchen area with 4 bedrooms and a 2 bathrooms. Bathroom 1 is fitted with a bath & basin and Bathroom 2 is fitted with a toilet & shower. There is a generous garden with a outdoor patio area a swimming pool (not in working condition currently) and the borehole 90m needs to be tested & serviced. Excellent SECURITY: own entrance with an automated gate & electric fencing for this specific house). Private garden, safe & secure to hold the domestic animal inside the yard. Fully fitted kitchen with a hob, eye-level oven and plumbing points.
RENTAL INCOME : R10 000/month

DWELLING 2: Offers an open plan lounge and dining room with a seperate kitchen & fitted with a loose standing stove. The feature of this house is the large undercover stoep in front. Excellent security, with a seperate entrance gate (automated) and electric fencing for this specific house. Private garden to keep the domestic pets inside the garden. Bathroom with a bath, toilet & basin.
RENTAL INCOME R5 500/month

DWELLING 3: BARN & APARTMENT: Close to the main timber house is a large brick building with 2 garage doors that is spacious enough to park 6 cars. It also includes a apartment (house 3) at the back which could easily be converted into a 2 bedroom space.

Once you pass the barn/garage building there is a large stretch of open land (approx 70m ) which can be used for farming land.

DWELLING 4: At the end of the small holding there is a 2 bedroom house & study with 1 bathroom with a single garage, open plan kitchen (with loose standing stove), dining and lounge, family bathroom.
The house has a lovely front stoep and it’s own fenced garden. The structure itself needs attention, structural engineer's skills needed here to restore & renovate the property.
RENTAL INCOME R7 700/month



* The security fence was recently installed with electric fencing and a large electric gate at the front entrance to the land & dwellings
* House 1 & House 2, each with their own electric fencing & burglar bars (excellent security) and seperate entrances with electric gates. Ideal to keep the domestic pets inside the boundaries of each yard.
* There is 3phase electricity on the property as well as 3 septic tanks.
* Borehole must be serviced, not in working condition at the moment
* The pool is 'as is' not in working condition at the moment