About this property

Executive 7-Bedroom Income-Generating PropertyA rare investment opportunity or a multi-generational family estate. This secure, solid, and immaculately maintained property sits on a substantial 1000 sqm stand in the sought-after suburb of Lotusville. Combining a 3-bedroom main residence with two fully occupied, income-generating flatlets, this property offers immediate cash flow with exceptional further development potential.Main Residence: Luxury and SpaceThe main homestead boasts premium full-marble flooring, spacious interiors, and a thoughtful layout designed for seamless family living.Master Suite: An expansive private sanctuary featuring air conditioning, a large walk-in dressing room, and a massive en-suite bathroom with a bathtub and toilet. The main bedroom opens onto a private balcony offering scenic neighborhood views, perfectly suited for conversion into a sunroom or bedroom extension.Additional Bedrooms: Two generously sized bedrooms with built-in cupboards, one equipped with air conditioning.Bathrooms: A large family bathroom with a shower, bathtub, and toilet, plus an additional guest toilet for convenience.Living Areas: A spacious, welcoming lounge, a separate formal dining room, and a dedicated kids playroom.Gourmet Kitchen and Scullery: A unique, oversized kitchen equipped with a custom built-in dining table with integrated seating, and a separate scullery. The scullery opens onto a rear balcony, perfect for outdoor entertaining while enjoying panoramic views.Income-Generating FlatletsPositioned for maximum privacy from the main house, two fully occupied, high-tenant-demand units offer an immediate revenue stream.Layout: Each unit features 2 massive bedrooms, a fitted kitchen, a lounge, a dining room, and a modern bathroom with a shower and toilet one unit includes a second toilet.Utility Efficiency: Both units are fully independent, equipped with brand-new separate geysers and individual prepaid water and electricity meters.Expansion and Development Potential Potential R20,000 pm Additional ROIThe vast, accessible 1000 sqm stand is a developers blueprint:Ample land available at the lower tier of the property to construct an additional 4 rental units.Space allows for a completely separate driveway and dedicated parking bays.Projected Additional Revenue: An estimated R20,000 per month 4 x R5,000.Parking, Security and Exterior FeaturesGarages and Parking: A double automated garage with direct, secure access interleading into the main home. The paved and tarred driveway offers secure parking for approximately 8 vehicles, with extensive additional parking space available on the lower grounds.Advanced Security: Fully fenced perimeter with an automated driveway gate. All windows feature robust security bars, and all exterior doors are fitted with security gates.Surveillance and Automation: Equipped with an 8-channel Wi-Fi CCTV camera system for remote mobile monitoring, a linked alarm system with armed response, and full LED perimeter lighting for maximum nighttime visibility.Storage: Added spacious storerooms for garden tools and equipment.Prime LocationPerfectly positioned for effortless commuting and lifestyle convenience:Immediate, seamless access to the R102 highway connecting Ottawa, Verulam, and the Umdloti M27.A short, scenic 10-minute drive to Umdloti Beach.Close proximity to local schools, shopping centers, and essential amenities. Show more Show less