2 Bedroom House For Sale in Matsapha

PRIME INVESTMENT PROPERTY FOR SALE IN TUBUNGU TOWNSHIP

Selling Price: E8 900 000

A rare investment opportunity in Tubungu, comprising approximately 2.2 hectares of prime land, offering an established income-generating business together with significant potential for further development.

The property is divided into three main portions:

1. Seven A-Frame Cottages - 4,320m²

This portion comprises seven identical two-bedroom A-frame houses, making it ideally suited for an Airbnb, short-term accommodation, or holiday-let business.

Each unit currently generates E5,500 per month, providing a combined monthly rental income of approximately:

E38,500 per month
E462,000 per annum

The cottages are already established and income-generating, providing an immediate investment opportunity with scope to potentially increase revenue through improved marketing, furnishing and short-term accommodation rates.

2. Vacant Development Land - 7,643m²

A substantial 7,643m² vacant portion provides excellent scope for future expansion and development.

Potential uses could include additional accommodation units, residential development, commercial facilities or other suitable income-generating projects, subject to the necessary planning and statutory approvals.

3. Existing House & Cottage - 1.0852 Hectares

The third portion comprises approximately 1.0852 hectares and includes an existing older house with a cottage.

This provides additional accommodation, redevelopment potential and significant land value within the overall property.

Additional Infrastructure

• Fully functional borehole
• Approximately 2.2 hectares in total
• Existing income-producing accommodation
• Significant additional land for future development
• Multiple components allowing for diversified use and income generation

INVESTMENT HIGHLIGHT

This property offers the rare combination of existing rental income, substantial land, established accommodation and further development potential, making it particularly attractive to investors looking to acquire an income-producing property with room for expansion.

Take all three (3) Portions for E8 900 000 - Forced Sale Value