14 Bedroom House For Sale in White River

Property description

HARCOURTS CERTIFIED NON-DISTRESSED LUXURY AUCTION. THIS PLATFORM IS OPEN AND TRANSPARENT FOR ALL PARTIES. SELLER IS UNDER NO FINANCIAL DISTRESS TO SELL THE PROPERTY. BIDDING TO START FROM R 2 925 000

Income Generating Property of Roughly R 52 000 p.month !!!!

The property is exceptionally well positioned just 1.9 km from White River, situated along a busy road that offers prime visibility and accessibility. This location not only ensures convenience for residents but also provides an ideal opportunity for marketing, making it perfectly suited for both residential and business potential.

The property offers a rare investment opportunity with nine established income-generating units, each designed for independent living.
Every unit is equipped with its own kitchen, private yard, living and dining area, one or two bedrooms, and bathrooms, all supported by gas geysers for efficient energy use and their own meter.
With thoughtful planning, the existing layout could be expanded to eleven units, excluding the main house, further enhancing its income potential.

The main residence itself is a versatile space, currently featuring two bedrooms with the option to convert into three.
It includes a well-appointed kitchen, scullery, and three flexible living areas that can serve as dining, TV, office, or study spaces.
This home is designed for lifestyle and entertainment, flowing seamlessly onto a spacious deck with a large pool and a separate boma area.

With proper garden maintenance, the outdoor spaces open up to tranquil views of nature and a dam, creating a serene backdrop for gatherings.

Beyond the residences, the property boasts ample parking and generous land that allows for further development.

A small macadamia plantation adds agricultural value, while a borehole ensures a reliable water supply to all units and the main house.

Altogether, this property combines immediate income generation with long-term growth potential, making it an exceptional auction opportunity.