Property Details

This beautifully restored property currently generates a gross rental income of R19,100 per month. The main home, spanning 110 sqm, features two spacious bedrooms. The master bedroom includes a walk-in dressing room and an en-suite bathroom, contributing R8,650 monthly in rental income. The second bedroom is generously sized and is served by a large family bathroom.

The extra-large lounge is a standout feature, complemented by a well-designed kitchen. The veranda opens onto a private garden, providing a tranquil outdoor space.

Additionally, the property includes a separate 50 sqm two-bedroom flat with a lounge, compact kitchen, and bathroom, fully self-contained and generating R6,100 per month. There is also a 38 sqm one-bedroom flat featuring a lounge, raised kitchen, and en-suite bathroom, which earns R4,350 monthly.

This property offers excellent rental returns and multiple income streams, making it a sound investment. It comfortably supports bond financing and represents a rare opportunity in the residential market. Consider the numbers carefully and make your decision.