8 Bedroom House For Sale in Paarl

Property description

EXCLUSIVE SOLE MANDATE.

This exceptional property offers a unique blend of residential comfort and investment opportunity, perfectly positioned to capture breathtaking views and the tranquil sounds of a nearby river.

The property comprises four self-contained units, each with its own bathroom and kitchenette, ideal for rental income or a turnkey Airbnb setup:

Unit 1: Compact and cozy with a separate kitchen and bathroom, plus a private balcony boasting stunning views.

Unit 2: Spacious open-plan layout with bedroom, kitchen, ample cupboard space, and en-suite bathroom. The highlight is a large balcony overlooking the river and surrounding landscape.

Unit 3: One-bedroom unit featuring a comfortable lounge, en-suite bathroom, and patio that opens to a lush garden.

Unit 4: A private, freestanding unit with en-suite bathroom, kitchen, and balcony. Positioned near the river for peaceful ambiance, though without a view.

3 of the units is currently achieving a rental price between R7,500–R8,500 per month, and the smaller unit is being rented at R 4,500 per month, making this an ideal opportunity for investors looking to generate passive income.

In addition to the four rental units, the main house offers spacious and comfortable living with four generously sized bedrooms, each with its own en-suite bathroom. A welcoming lounge area on the lower level provides ample space for relaxation or entertaining, complemented by a convenient guest bathroom and a double garage. With its size, layout, and privacy, the main house presents excellent potential as a luxurious primary residence or a high-yield rental property with a monthly income of R28,000.

Whether you're looking to establish a multi-unit guesthouse, expand your rental portfolio, or create a spacious family home with room for extended guests or workspace, this property offers flexibility and potential in equal measure.