- 12
- 6
- 660 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 997.78
Property description
An exceptional investment opportunity awaits with this well-maintained multi-unit property, offering the perfect combination of comfortable living and strong income-generating potential. Whether you are an investor looking to expand your portfolio or a large extended family seeking versatile accommodation, this property presents outstanding value and flexibility.
The main residence is spacious and inviting, featuring four generously sized bedrooms, two of which include built-in cupboards. The home offers an open-plan lounge that creates a warm and welcoming atmosphere, while the fully fitted kitchen is beautifully finished with granite countertops and provides ample workspace for everyday living. The property is tiled throughout and further enhanced by air conditioning, a solar geyser, and a separate laundry area, ensuring both comfort and practicality.
Outside, the home offers ample parking with space for up to ten vehicles, including covered carports. The fully fenced property is secured with automated driveway gates and boasts a neatly paved yard, providing peace of mind and low-maintenance living. The main residence has the potential to generate a rental income of approximately R9,000 per month.
Adding even greater value to this remarkable property is a separate apartment block comprising four well-appointed two-bedroom units. Two units are situated on the ground floor, while the remaining two occupy the upper level. Each unit offers comfortable accommodation with bedrooms fitted with built-in cupboards, functional kitchens, and open-plan lounge and dining areas. The apartments are tiled throughout and each unit enjoys its own dedicated parking bay. All four units are currently tenanted, providing an immediate and reliable income stream with a combined rental potential of approximately R20,000 per month.
This secure and income-producing property is ideally positioned close to schools, public transport routes, shopping facilities, and other essential amenities, making it highly attractive to both tenants and homeowners alike.
Offering multiple income streams, excellent accommodation, ample parking, and a convenient location, this versatile property is a rare find in today's market. With a potential combined rental income of approximately R29,000 per month, it represents an outstanding opportunity for investors seeking solid returns while also offering the flexibility to accommodate extended family living.
Arrange your private viewing today and discover the exceptional potential this unique property has to offer.
Property Details
- 12 Bedrooms
- 6 Bathrooms
- 1 Ensuite
- 5 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Access Gate
- Paving
| Bedrooms | 12 |
| Bathrooms | 6 |
| Floor Area | 660 m2 |
Contact the Agent
Caleb Churman
Full Status Property Practitioner
